Markets Down, Recession Risks Up

Markets Down, Recession Risks Up

March 20, 2026 · 57 min · Episode 264

About this episode

The episode discusses the impact of recent events in the Middle East and at the Fed on financial markets and recession risks.

Mark, Cris and Marisa recap the week’s events in the Middle East and at the Fed and debate whether or not the baseline forecast warrants a rethink given the rising uncertainty around how and when the conflict in the Middle East will end. The crew discusses the tumultuous week in financial markets, the impact that prolonged high oil prices could have on the U.S. economy, and what this means for the risk of a recession over the next year. They answer several listener questions on a wide range of topics.

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