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A recession is almost a near certainty now, according to Alfonso Peccatiello, author of The Macro Compass. People are just not prepared for what's coming next, Peccatiello told David Lin, Anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV ( / davidlin_tv ) Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow ) Follow Alfonso Peccatiello: @MacroAlf ( / macroalf ) Visit The Macro Compass Newsletter: https://themacrocompass.substack.com/ 0:00 - Recession concerns 5:25 - Recession indicators 9:00 - Labor market 14:30 - How severe is the next recession? 17:20 - This recession is similar to the 1980s 19:35 - Will Fed succeed in fighting inflation today? 21:14 - Recession or inflation? 23:55 - When to invest again 26:35 - Asset allocation 29:20 - Gold 30:30 - Bitcoin #recession #economy #inflation __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter - / kitconewsnow StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.