On today's episode of "On the Margin", Eric Basmajian Founder of EPB Macro Research joins the show for an update on his "Four Stages of An Economic Slowdown" episode of On The Margin released in April of 2022. Since Eric made that call in April, things have accelerated, so we invited Eric back to the show for a discussion on how the most important economic signals are pointing to a further slowdown throughout 2022 and into 2023. What does the record tightening in monetary policy mean for the most interest rate sensitive sectors of the economy such as housing? How will that in turn effect consumption and spending? And will all of these factors combined lead to a recession into the new year? To find out, you'll have to tune in! -- Follow Eric: https://twitter.com/EPBResearch Follow Mike: https://twitter.com/MikeIppolito_ Follow On The Margin: https://twitter.com/OnTheMarginPod Follow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Circle’s USDC is one of the most trusted and widely used stablecoins in the digital asset industry. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is. -- Referenced In The Show: The Four Stages of An Economic Slowdown: https://open.spotify.com/episode/6dwcJVX8vUm5gY0bwTvdXE?si=7b81b2b4506d4ce9 -- Timestamps: (00:00) Introduction (01:11) The Four Stages of An Economic Slowdown (14:53) Preparing For A Revision In Earnings (19:07) Preparing For A Hard Landing (29:22) Being Surprised By The Fed's Rate Hikes (33:43) Will The Fed Achieve It's Goal? Or Will Something Break? (38:53) Circle Ad (40:13) Eric's Secular Outlook On The Economy (44:05) The Biggest Misconceptions About Inflation: Wage Price Spiral -- Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.