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Summers calling for recession

Summary:
This guy is in charge not Yellen or Powell… tells Biden what to tell them…  thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening…  ie textbook Art degree monetarism 101…Former Obama economic advisor Larry Summers says "there is a very high likelihood of recession" and it's "very unlikely" the U.S. will have a "soft-landing" pic.twitter.com/SkBNd2jUBx— RNC Research (@RNCResearch) July 24, 2022

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This guy is in charge not Yellen or Powell… tells Biden what to tell them…  thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening…  ie textbook Art degree monetarism 101…





Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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