The ‘Austrian’ Crystal Ball: Is the 2024 Recession Inevitable?
Business-to-business (B2B) spending has fallen over 9% in real terms since October
By Mark Skousen
Editor, Forecasts & Strategies
“For the last six recessions, a recession on average began six to 36 months after the yield curve inverted.” -- Anu Gaggar, Commonwealth Financial Network
In the face of rising interest rates and a tight money policy, the economy and the stock market have been surprisingly robust in 2023. Both the “top line” …