The Math Way Beyond Technical Recession

The Math Way Beyond Technical Recession
Shutterstock
|Updated:
0:00
Commentary

An absurd yet apt metaphor for this year’s predicament. It is widely believed that U.S. real GDP change in the second quarter of 2022 will tally up less than zero, just as it had during the first quarter. Should this happen (the estimate won’t be released until after this article is written), does that mean the recession did?

Jeffrey Snider
Jeffrey Snider
Author
Jeff Snider is Chief Strategist for Atlas Financial and co-host of the popular Eurodollar University podcast. Jeff is one of the foremost experts on the global monetary system, specifically the Eurodollar reserve currency system and its grossly misunderstood intricacies and inner workings, in particular repo/securities lending markets.
Related Topics