Be it resolved, the risk of a recession in 2023 is overblown.

The holiday season is just around the corner, which brings with it cheer, merriment, and a sense of good will towards all men and women. But for many families, it also brings a good deal of financial strain. And perhaps this year more than any in the last decade, that stress is more acute. The volatility of the global economy over the last three years has reached a fever pitch, with many expecting an even more dire 2023. For the majority of economists and market prognosticators, a recession in 2023 is a foregone conclusion. As inflation has remained stubbornly high, central banks around the globe have rushed to contain the fallout by raising interest rates aggressively.Read more