Brace for a US Recession

I’m Ben Holland, a senior editor in Washington. Today we’re looking at the recession call at Bloomberg Economics. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history.