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Msg  450159 of 489673  at  9/22/2022 8:24:32 PM  by

saintsinneridiot


OT: Economic question: Unemployment or Inflation?

https://twitter.com/LHSummers/status/1572696928336461825
 Larry Summers:
Happy to bet anyone that we see 6 months of unemployment above 5 before we see 6 months of inflation below 2.5.
 
I actually agree that we are going to see unemployment above 5% before we see inflation below 2.5. What impact will it have on oil prices? It's hard to see the market happy about oil prices increasing into a recession. But the supply situation is horrid. I just cant see the economy expanding without oil above $100. 


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Replies
Msg # Subject Author Recs Date Posted
450164 Re: OT: Economic question: Unemployment or Inflation? STOCKS/REAL ETATE howcrude 1 9/22/2022 8:49:59 PM
450184 Re: OT: Economic question: Unemployment or Inflation? vxmike 2 9/22/2022 11:31:36 PM




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