Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong

"We're not out of the woods, by any means"

The S&P and Nasdaq are back near all-time highs.

And the recently-released Q4 GDP data beat analysts expectations, positively, by a long shot.

So are we in the clear?

Is the soft landing camp being proven right?

Have we been able to side step the Lag Effects so many expected from the Fed's aggressive campaigns of rates hikes and Quantitative Tightening?

Is inflation indeed on its way to being tamed this year?

For answers, we have the great fortune to sit down today with one of the greatest living economists, Dr. Lacy Hunt, former Senior Economist to the Federal Reserve Bank of Dallas and current Executive Vice President & Chief Economist of Hoisington Investment Management Company.

Lacy decidedly does NOT think we are heading for halcyon times. The economic data and the lessons of history suggest strongly otherwise.

For the details, click here or on the image below:

I’m so grateful to everyone who has made their way to Thoughtful Money, especially those of you who have kindly supported me by becoming a premium subscriber to this new Substack. It’s making an important difference in helping me afford the substantial startup costs of birthing this new venture.

Premium supporters will receive my “Adam’s Notes” summaries to interviews going forward (yes, they’re back!), plus periodic advance-viewing and/or exclusive content not made available to the public.

My Adam’s Notes for this discussion with Lacy are available to them below.

If you, too, would like to become a premium subscriber to this Substack (it’s just $15/mo, less than $0.50/day), then sign up now here: