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Steve Hanke Johns Hopkins finance class
Steve Hanke.

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  • Investors are ignoring the risks of market turmoil and a recession in early 2024, Steve Hanke warns.
  • The full impact of the decline in US money supply hasn't been felt yet, he says.
  • Hanke is worried about the federal debt, but doesn't see BRICS nations threatening dollar dominance.

Investors are too complacent and risk being blindsided by an economic slump early next year, Steve Hanke has warned.

"We're sleepwalking into turbulence in the market," the professor of applied economics at Johns Hopkins told Stansberry Research in a recent interview. "We're basically sleepwalking into a recession."

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Markets, MI Exclusive, Stocks, Stock Market Outlook, US Economy and Markets, Inflation, Recession, Interest Rates, Monetary Policy, Money Supply, Steve Hanke, Johns Hopkins, Government Spending, Federal Debt, Federal Reserve, economy
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Investors are 'sleepwalking' into market turmoil and a recession early next yea…