No, Really. Are We Finally Heading Toward a Recession?
Big Take4 Mai 2023

No, Really. Are We Finally Heading Toward a Recession?

First Republic Bank is the latest financial institution to fail amid turmoil across the industry. Meanwhile, inflation is still high. Layoffs are rocking some industries. And labor shortages are throttling others. So… are we about to face the recession that economists have been predicting for months now? Today, Bloomberg reporter Reade Pickert and senior executive editor Chris Nagi read the tea leaves on where the economy is headed.

Read more: First Republic Becomes Second-Largest Ever US Bank Failure.

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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Episoder(830)

Get Ready For Lab-Grown Meat

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How Cocaine Hitches A Ride on The Global Fruit Supply Chain

How Cocaine Hitches A Ride on The Global Fruit Supply Chain

In December, we told the wild story of drug smugglers who hide tons of cocaine aboard huge container ships bound for Europe from South America. Today, we pick up the saga from there. What happens to a...

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Russia and Iran Team Up Against The West

Russia and Iran Team Up Against The West

Tough economic sanctions the US and European Union imposed on Russia and Iran have succeeded in cutting off those nations from much of the world economy. But they’ve also had an unintended effect: Mos...

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Team Favorite: Clash of the Streaming Titans

Team Favorite: Clash of the Streaming Titans

Remember when everyone loved to complain how there were 150 channels on TV and nothing good to watch? It’s pretty hard to say that now. There are so many good shows being made. Our new complaint: how ...

16 Jan 202329min

How We’re (Not) Preparing For the Next Pandemic

How We’re (Not) Preparing For the Next Pandemic

Covid-19 isn’t quite done with us yet, but virologists are urging governments around the world to start preparing for the next pandemic. They warn it’s just a matter of time before it happens, and wit...

13 Jan 202336min

Clean Up Your Water And We’ll Lower Your Debt

Clean Up Your Water And We’ll Lower Your Debt

There’s a new way for some countries struggling under piles of debt to get relief: by agreeing to spend part of the difference on the environment. The Nature Conservancy, the US-based environmental gr...

12 Jan 202322min

What The Heck Is Elon Musk Thinking?

What The Heck Is Elon Musk Thinking?

It’s been nothing but mayhem at Twitter since Elon Musk took the helm of the social media company late last year and began shaking things up in ways that don’t always seem to make much sense, especial...

11 Jan 202327min

How Safe Is All That Money In Your Pension?

How Safe Is All That Money In Your Pension?

Millions of Americans–union workers, school teachers, firefighters, office employees at major corporations–are counting on a pension to support them when they retire. Pensions have always been seen as...

10 Jan 202328min

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