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In this episode of the "9inningsPodcast," Kevin Thompson, founder and CEO of 9i Capital Group, discusses the potential for a recession. He examines economic indicators, market reactions, and Federal Reserve actions, providing a comprehensive overview of the current economic landscape. Kevin explains the dual mandate of the Federal Reserve and the significance of the bond market, using the metaphor of "Betelgeuse" to illustrate how recession fears can become a self-fulfilling prophecy.
The episode aims to educate listeners on economic dynamics and the potential impact of Federal Reserve decisions on market stability.
Understanding Recession (00:02:08) Defines recession and discusses the technical aspects of GDP and employment trends.
Federal Reserve's Actio ...