"We are going into a recession, damn it!" says John Taylor of currency hedge fund FX Concepts,...

|By:, SA News Editor

"We are going into a recession, damn it!" says John Taylor of currency hedge fund FX Concepts, due to rate hikes coming as easy monetary policy ends. He foresees a 4%, 3%, 2%, 1% rate of annualized GDP growth by quarter. U.S. stocks will continue rising for another few months, at which point the "coming recession" will take over, he says (video).