On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Eric Basmajian for a discussion on the rising risks of recession into 2023. With a focus on the cyclical & secular forces driving the global economy, Eric shares his framework for assessing the risks of recession in Q1 of 2023. Using both real time and leading indicators, Eric evaluates the current cyclical trend in economic growth and inflation before sharing his outlook on what this means for markets. To hear all this and more, you'll have to tune in! -- Follow Eric: https://twitter.com/EPBResearch Follow Alfonso: https://twitter.com/MacroAlf  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/ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ -- Referenced In The Show: Business Cycle Dating Procedure: Frequently Asked Questions: https://www.nber.org/research/business-cycle-dating/business-cycle-dating-procedure-frequently-asked-questions -- Timestamps: (00:00) Introduction (00:23) Eric's Secular & Cyclical Economic Outlook (06:37) Are We In A Recession? (13:21) Market's Are Not Priced For A Recession (20:08 )Market Outlook Into 2023 -- Disclaimer: Nothing discussed on Boiler Room 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.