Steve Hanke.Portia Crowe/Business Insider Investors are ignoring the risks of market turmoil and a recession in early 2024, Steve Hanke warns. The full impact of the decline in US money supply hasn't been felt yet, he says. Hanke is worried about the federal debt, but doesn't see BRICS nations threatening dollar dominance. Investors are too complacent and risk being blindsided by an economic slump early next year, Steve Hanke has warned."We're sleepwalking into turbulence in the market," the professor of applied economics at Johns Hopkins told Stansberry Research in a recent interview.
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tmohamed@insider.com (Theron Mohamed), Business Insider
Wed, 08/09/2023 - 8:16am
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