~ Colin Lodewick, "Bed Bath & Beyond is firing its CEO because Americans are done spending with a recession in the distance," Fortune, June 29, 2022
Jul 4, 2022
Fortune: two-thirds of economists see a recession
With inflation currently the highest it’s been since 1981 in the U.S., and the Federal Reserve enacting tighter monetary policy to try and bring them down, experts and business leaders alike have been sounding the alarm that a recession could be on the horizon. Two-thirds of macroeconomists recently surveyed by the Financial Times and the Initiative on Global Markets said they’re anticipating a recession, while more than three-quarters of global executives surveyed by business insights company Conference Board said they are as well.
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