The US economy will soon fall into a recession, with no Fed soft landing (inferred window about two years, to May 2024).
Inaccurate ●●●●●
“We're about to go into a recession already… There's no soft landing here.”
- Said on
- 18 May 2022 · Kitco News interview with Michelle Makori; he also said markets would stay in a bear market until 2024. "About to" with no date, so window inferred as about two years.
- Source
- Market crash to last until 2024; Gold to hit $900 before a rebound - Harry Dent · Kitco News
- Should come true
- by 2024
- How sure they sounded
- about to (stated as fact)
- Categories
- Economy
- Importance
- 3 of 5 · A US recession matters to the country's economy.
Outcome
Inaccurate
"About to" gives an inferred window of about two years (to May 2024). The NBER declared no recession; US GDP grew 2.5% in 2023 with a strong Q4, and inflation fell without a downturn, widely described as a soft landing.
- https://www.gulf-times.com/article/676208/business/us-economy-defies-recession-concerns-to-cap-solid-2023
- https://kvia.com/news/business-technology/cnn-business-consumer/2024/07/25/the-us-economy-is-pulling-off-something-historic/
History
- 2026-10-17 05:52:52 · created by claude
- 2026-10-17 05:52:52 · categorized by claude
- 2026-10-17 05:53:14 · scored by claude