United States: Is a recession inevitable?

| Apr 25, 2023, 12:38:55 AM | AP
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Dr. George Calhoun is a Teaching Professor in the School of Business at Stevens Institute of Technology in Hoboken, NJ. He spent 25 years in the high-tech segment of the wireless communications industry including co-founding InterDigital Communications Corporation. At Stevens, he is the Director of the Hanlon Financial Systems Center; a unique educational resource that encourages the application of cutting-edge technologies in unique and creative ways to solve complex, systemic financial problems; and uncover and new opportunities through statistical analysis and modelling. Here he discusses the economic factors that may could lead to a recession; mainly fears about banking instability and continued interest rate hikes by the Federal Reserve.

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