Recession May Lurk, But U.S. Will Emerge Stronger, Bank Official Tells Bellevue Chamber

The United States may be headed for a mild recession in 2023, but the chief market strategist for Bank of America isn’t panicking.

Recessions have a connotation of “the end,” Joseph Quinlan told attendees this morning at the Bellevue Chamber’s 2022 Economic Forecast Summit. “But remember: Recessions, they’re not terminal,” he said, noting that the country’s weathered about a dozen since World War II.

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