Eminent Economist Steve Hanke Unveils Troubling Forecasts of Market Crisis and Imminent Recession in 2023

Investors Sleepwalking into Turbulence and Recession, Warns Steve Hanke

Renowned economist and professor of applied economics at Johns Hopkins, Steve Hanke, has issued a stark warning to investors, cautioning that they are currently too complacent and risk being blindsided by an economic slump in early 2024. In an interview with Stansberry Research, Hanke expressed his concerns about the prevailing “soft landing” narrative, which suggests that the Federal Reserve can effectively combat inflation without causing a significant downturn in the economy or a spike in unemployment.