The Recession that Didn’t Bark - podcast episode cover

The Recession that Didn’t Bark

Oct 03, 20229 minEp. 196
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Episode description

A famous Sherlock Holmes story concerns the abduction of a race horse and a guard dog that didn’t bark.  For those who haven’t read the story, I’ll skip over the reason for the dog’s silence.  The point is he didn’t bark – no alarm was raised – no actions were taken - and the horse disappeared.

Entering the fourth quarter of 2022, the U.S. economy is teetering on the edge of recession.  However, it is a recession that has been delayed and potentially softened by an excess demand for labor, the lack of over-building in the most cyclical sectors of the economy and healthy bank balance sheets. 

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The Recession that Didn’t Bark | Notes on the Week Ahead podcast - Listen or read transcript on Metacast