Hard-landing recession? Citi just released their prediction that emergency rate cuts begin in September.
“Emergency rate cuts” equals hard-landing recession is inevitable and already underway. No central bank has ever “emergency rate cut” itself out of a recession. https://t.co/QP44holn9s — Uncle Milty’s Ghost (@his_eminence_j) July 7, 2024 Negative growth in Full Time Work. No false positives in predicting a recession. pic.twitter.com/F7nYdUVqv0 — James E. Thorne (@DrJStrategy) July 6, 2024 …