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Recession chances higher than markets expect, economist says
Youtube· 2025-10-02 21:29
What is the likelihood of a recession in your mind right now. >> I think the likelihood is definitely higher than markets anticipate. I think what we're seeing is a significant slowdown. We're seeing what I call sick canaries in the coal mine.They're not dead yet, but they're sick. We're seeing defaults increasing on a variety of different kinds of loans, especially student loans, but also credit cards. We're seeing auto loans uh as a problem.the seventh largest used car retailer went belly up a couple of w ...