Stephen Juneau from Bank of America-March 30th

Stephen Juneau, US Economist from Bank of America called into GMNH to chat about the recent bank turmoil and higher interest rates and inflation, the US economy is headed into a recession in the third quarter. Juneau says, however,  the recession will be mild compared to past recessions and a strong jobs market is what is continuing to stem a worsening economy. He also expects consumer borrowing and consumer confidence to be lower as we enter the third quarter.