Dutta Says Imminent US Recession Is 'Not in the Data'

The video discusses the current economic outlook, emphasizing the need for optimism despite consensus concerns about a recession. It reviews past economic challenges, such as energy price spikes and global economic downturns, and analyzes current indicators like fiscal policy and housing market trends. The speaker argues that global growth is stronger than expected and suggests that a recession is not imminent, contrary to popular belief.

What is the speaker's view on the current market consensus about an imminent recession?

• The speaker has no opinion on the consensus.

• The speaker thinks the consensus is too pessimistic.

• The speaker believes the consensus is overly optimistic.

• The speaker agrees with the consensus.

Which of the following was NOT mentioned as a concern last year?

• Increased consumer spending

• Fiscal tightening

• Global economic downturn

• Energy prices spiking

According to the speaker, what has improved since last year?

• Energy prices have increased.

• The global economy is stronger.

• Fiscal policies have tightened further.

• Housing market has weakened.

What does the speaker suggest about the possibility of a future economic reset?

• It is unlikely to happen.

• It is expected to happen imminently.

• It will definitely happen in the next quarter.

• It should be considered in the baseline outlook.

What does the speaker say about the global PMI data?

• It predicts a recession in the next quarter.

• It indicates a weaker global economy.

• It shows stronger global growth this year.

• It suggests a manufacturing decline.