Power Lunch
Power Lunch
CNBC
Mortgage rates top 7%, the path to recession and UK’s economic turmoil. 9/27/22
43 minutes Posted Sep 27, 2022 at 7:31 pm.
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Show notes
A long-time market watcher says a recession is likely and he has some names to ride out the volatility.
Plus, why former Treasury Secretary Larry Summers calls the U.K.’s fiscal policies “utterly irresponsible.”
And, the Howard Hughes CEO on the state of the real estate market as the rate on the 30-year mortgage tops 7%.