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When's the recession? | The Chatter | The Big Conversation



Real Vision’s Roger Hirst talks to Kelvin Tay, Regional Chief Investment Officer at UBS Wealth Management in Singapore, about the likelihood of a recession in the US. Employment remains robust, the ISM remains in expansion territory and the Dow Jones has bounced impressively. Is everybody being too pessimistic or are we being too impatient? Kelvin thinks that the tightness in the labour market will limit the ability for the Fed to reverse course, whilst a reopening of China could add more upward pressure to prices within the energy complex.

#TheBigConversation #Recession #Inflation

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