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The US will enter a recession as soon as this year and the Fed can't stop food and energy inflation, hedge fund manager Kyle Bass says

1 month ago   |   By Business Insider

Fears over potential job cuts in the capital markets are starting to rear their ugly head on Wall Street. Jonathan Kirn / Getty Images
The US could hit a recession by this year or early 2023, according to hedge fund manager Kyle Bass.
"We're in a scenario where we have a stagflationary environment," Bass told CNBC Thursday.
At the same time, the Fed won't be able to stop energy and food prices from climbing higher.
The US could hit a recession before the end of this year or by early 2023, according to the chief investment officer of Hayman Capital. "While the knee-jerk reaction to the...
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