The Recession Is Confirmed - What You Must Know
Published: 2023-04-14
Status:
Available
|
Analyzed
Published: 2023-04-14
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Federal Reserve officially confirmed a recession is likely in 2023.
"the FED is now officially confirmed that a recession is now likely to happen in 2023"
Pending
The banking turmoil is expected to lead to a mild recession towards the end of 2023.
"the effects of the banking turmoil would likely lead to a mild recession later this year a mild recession towards the end of 2023."
Pending
Inflation has been decreasing for nine consecutive months.
"inflation is coming down for nine straight months now"
Pending
Core inflation, excluding food and gas, is at 5.6%.
"core inflation which removes food and gas out of the equation is up 5.6"
Pending
Core inflation is not expected to reach the Federal Reserve's target of 2-3% and may increase due to OPEC's oil production cuts.
"it's nowhere near the two to three percent that the Federal Reserve wants and it's probably going to go higher because OPEC is cutting their oil production"
Pending
National rent prices have increased by over 20% since the start of 2020.
"nationally rent is more than 20 percent higher than the start of 2020"
Pending
A significant number of commercial mortgages are set to mature and require refinancing in the current and next year.
"this year and next there is a huge pipeline of commercial mortgages hitting maturity that need to be refinanced"
Pending
Commercial real estate prices are predicted to decline by up to 40% if current trends persist.
"Prices are estimated to Fall by as much as 40 percent in commercial real estate if things continue the way they are right now"
Pending
A credit crunch is anticipated due to recent banking events, leading to tighter credit conditions for consumers and businesses.
"the next big worry is something called a credit crunch events in the banking system over the past two weeks are likely to result in tighter credit conditions for households and businesses"
Pending
Small business bankruptcies are increasing, surpassing levels seen during the peak of the pandemic.
"small business bankruptcies are on the rise and we're seeing more today than we did at the height of the pandemic"
Pending
The Federal Reserve is expected to raise interest rates by 0.25% on May 3rd.
"come May 3rd most likely the Federal Reserve will increase the interest rates by 0.25 percent"
Pending
Interest rates are projected to decrease to 2.5% by 2025.
"by 2025 they see rates coming down to 2.5 percent"
Pending
Interest rates are expected to decline in 2024 and 2025.
"by 2024 and 2025 interest rates will have to come back down"
Pending
Larry Fink predicts that inflation will not return to 4% in the near future.
"Larry Fink says that we're not going to see inflation at four percent anytime soon"
Pending
Paul Krugman argues that inflation is currently around 4% when excluding lagging indicators like shelter, food, and energy.
"Paul Krugman ... says that we're already at four percent inflation take out shelter where we know that's a a way lacking indicator mainly take out food and energy"
Pending