Stephanie Yang quotes Joseph LaVorgna on high gasoline prices, here…
”’’People are on the lookout for a downturn,” said Joseph LaVorgna, chief economist for the Americas at Natixis . “Tight monetary policy combined with rising energy costs is typically not a good development for U.S. households.””
“Every recession has been preceded by two things: an inverted yield curve and rising oil and gas,” Mr. LaVorgna said.”
Leave a Reply