Novogratz Says Economy Will Go Into a Recession 'Fast'

The video discusses a customer's query about using a 200-day moving average in light of recent Fed rate hikes. It explains the Fed's stance on inflation, emphasizing the need to induce a recession to control it. Chairman Powell's commitment to this approach is highlighted, along with the challenges of achieving a soft landing. The video predicts a fast-approaching recession, with significant impacts on the housing market and overall economic growth. It concludes with predictions on how markets, including crypto, will react once the Fed signals a pause in rate hikes.

According to the speaker, what must happen to inflation in relation to the economy?

What indicators does the speaker mention that suggest a recession is imminent?