Is there a recession coming? For all those asking, RealPage says there are signs of one already here — a rolling recession in industries that are particularly vulnerable to interest rates.
The discussion about inflation and a recession has largely been one of "will it come" or can the country count on a soft landing? But the RealPage blog post is a reminder that there are other alternatives.
Jamie Dimon, chief executive of JP Morgan Chase and frequent risk-managing pessimist has been warning about potential stagflation for many months. In such a scenario, inflation runs hot, growth is low, and unemployment, high. It was the scourge of the 1970s.
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