Recession probability reaches 1980s levels

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“We’re now at an average 62% chance of a recession by May 2024”

‘Greatest Economic Reset In Our Lifetime’ Is Beginning: Mike McGlone, Bloomberg Intelligence: Video

The New York Fed currently indicates a 70.8% probability of a recession, reaching its highest level since 1982. According to Mike McGlone, a Macro Strategist at Bloomberg Intelligence, this recession could potentially be the “worst in our lifetime.” Let’s examine the implications for stocks, Bitcoin, and gold.

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