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#190 Brian Wesbury: 'The Morphine Is Wearing Off' And We're Headed For Recession And A Market Correction
Brian Wesbury, Chief Economist at First Trust Advisors LP, joins Julia La Roche episode 190 to discuss the macro picture and why the economy is likely headed toward recession. He also thinks this overvalued stock market could see a 15-20% correction.
Links:
website: https://www.ftportfolios.com/
blog: https://www.ftportfolios.com/retail/blogs/Economics/index.aspx
X: https://x.com/wesbury
0:00 Welcome Brian Wesbury
1:09 Macro view
3:30 Why we're going to have a recession
4:25 Health of the economy
8:15 Savings rate
10:45 Bifurcated economy
12:30 Housing
15:45 Federal Reserve have separated the…
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