Economists Warn of Turbulence Ahead for US Economy and Markets
• Former Treasury Secretary Larry Summers questions “soft-landing paradigm” for inflation and economy
• Ex-Home Depot CEO Bob Nardelli predicts “tremendous shift” in labor market
• Japan falls behind Germany to become world’s 4th largest economy
• Hot US inflation puts doubts on expected Fed rate cut in March
• Economist Mohamed El-Erian suggests Biden’s economic woes may be self-inflicted