ilmscore | The 2023 Recession Is Cancelled…?

The 2023 Recession Is Cancelled…?

Published: 2023-05-22
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
Predicts a negative GDP growth rate in the quarter following Q1 2023.
"in the next quarter we could get a negative one"
US Economy
Pending
Despite 1.1% GDP growth in Q1 2023, it's not strong enough to definitively rule out a recession.
"at the end of 2023's first quarter gross domestic product grew at 1.1 percent while not negative this growth isn't strong enough to rule out the possibility of a recession"
US Economy
Pending
A recession is predicted to occur in the second half of 2023.
"the prevalent theory is that we'll most likely get a recession in the second half of this year"
US Economy
Pending
Fannie Mae predicts a recession is highly probable in the second half of 2023.
"Fannie Mae just put out their thoughts this last weekend over the recession and what they predict which is that a recession is also extremely likely in the second half of this year"
US Economy
Pending
The stock market anticipates interest rate cuts by the Federal Reserve starting as early as November 2023.
"the stock market thinks he'll start lowering interest rates as early as November"
Interest Rates
Pending
Historically, the Federal Reserve has begun cutting interest rates an average of two months after their last rate hike.
"dating back to the 1950s the average amount of time the Federal Reserve started to cut rates after their final rate increase was only just two months"
Interest Rates
Pending
Given the last rate increase occurred in May 2023, interest rates may decrease later in 2023.
"we've already seen our last interest rate increase in May of this year so sometime later this year we might see interest rates go down"
Interest Rates
Pending
Potential buyers may find opportunities for lower interest rates later in 2023.
"if you're in the market to buy something you might get an opportunity to get that lower rate later this year"
US Economy
Pending