Fed Hike Imminent: Signaling Impending Recession?

“There have been 13 Fed rate hike cycles in the post-WWII era and 10 landed the economy in recession. Soft landings are rare and when they have occurred, they have come in the third year of the expansion, not the eighth.” – David Rosenberg, Gluskin Sheff + Associates Inc. The Fed finds itself in a tricky…