Shark Tank's Kevin O'Leary sends strong message on economy amid recession fears
The investor and media personality has a surprising take on recession fears amid mounting uncertainty and a close watch on the Fed's monetary strategy.
The Federal Reserve has historically acted as an independent body overseeing U.S. monetary policy and financial regulation. With mounting trade war tensions, stubborn mortgage rates, and volatile financial markets, most major banks have projected that the U.S. will be in a recession at some point this year.
The possibility of an economic downturn has rattled markets, households, and businesses, as many brace for the impact of widespread layoffs, rising inflation, and unpredictable financial markets.
