‘We have a lot of ingredients that might lead to a recession’

‘We have a lot of ingredients that might lead to a recession’

As the Federal Reserve gets more aggressive in its efforts to curb inflation amid implications from the ongoing COVID-19 pandemic continue to reverberate, Nobel Prize-winning economist Robert Shiller predicts that the cooling housing market is one sign among others that a recession may be on the way.

“We have a lot of ingredients that might lead to a recession,” Shiller told Yahoo Finance (video above). “It looks like, since just a few months ago, the talk is really negative.”

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