Fed rate increase = lower hifi prices?

Our business subscribes to an economic forecasting firm.  Growth will slow into 2023 but no recession.  Minor recession in 2026.  Inflation will stay in 4 to 5% range for rest of this decade.  Major depression around 2035 - worldwide.

@cd318 I had a lot of time for Keynes, I particularly liked his suggestion of burying bottles full of pound notes and letting folks dig them back out as a way of easing mass unemployment.

Our brains are hardwired differently.

The owner of the pound notes could have kept them in the bank earning interest and then at a time of unhealthy levels of unemployment allowed willing folks to clean toilets or care for the elderly for which they will be paid with those pound notes.

@greenngoldcheesehead  I would definitely take the folks at the economic forecasting firm to Vegas with you. Should be able to make you a fortune!

Our business subscribes to an economic forecasting firm.  Growth will slow into 2023 but no recession.  Minor recession in 2026.  Inflation will stay in 4 to 5% range for rest of this decade.

Although forecasting is rarely accurate due to unforeseen variables, this seems like a very reasonable forecast to me.  We’ll see. 

Our business subscribes to an economic forecasting firm. Growth will slow into 2023 but no recession. Minor recession in 2026. Inflation will stay in 4 to 5% range for rest of this decade. Major depression around 2035 - worldwide.

With 4-5% inflation without compensatory growth, that would suggest a potential for significant decline of the stock market total asset valuation in constant dollars. An expected matching rise in interest rates will play havoc on government budgets and/or ability to deliver services.

Did it also predict GDP growth in constant dollars?

Sorry I have to catch up on other posts. This take me longer to absorb vs some others here.