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A Recession Is on the Horizon

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A Recession Is on the Horizon
The Federal Reserve building in Washington on Jan. 26, 2022. Joshua Roberts/Reuters
Milton Ezrati
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Commentary

The recent disappointing report on the gross domestic product (GDP) may reflect statistical particulars more than the immediate onset of a recession. But the real thing nonetheless lies on the horizon, probably in the next 18 to 24 months.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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