[Infographic] Economic Update: The Next Recession is Likely to be Around the Corner

This info-graphic entitled ‘Economic Update: The next recession is likely to be around the corner’ provides us an overview of economic update.

We are likely to see an increase in interest rates in the coming months. This will cause the price of money to drop, increasing the price of holding onto cash and reducing its attractiveness as a safe haven. This will be accompanied by an increase in borrowing costs for business. The next recession will be here soon and Covid-19 is not going away. Inflation is never transitory with a large increase in income and no increase in output. And many people are increasing their incomes without increasing their output. This means it’s likely we will experience a slowdown as early as the 2nd half of 2022 as the relationship between earnings and inflation start to fall apart, though if this divergence continues into 2024, then we may well into another recession.

For more information, please refer to the info-graphic below.

[Infographic] Economic Update: The Next Recession is Likely to be Around the Corner