Ex-NY Fed Reserve President predicts Recession
CNN Business Aug 4th 2022
Ex-Fed insider: A full-blown recession is 'almost certainly' coming
"Almost certainly there will be a full-blown recession. If we're not in one yet, I think we will be in the next 12 months," Dudley, the former president of the New York Federal Reserve, told CNN in a phone interview.
Recession fears mounted after government statistics last week showed the US economy contracted in the spring for the second quarter in a row. I think a recession is highly likely, and I'll be very, very surprised if they avoid a recession."
What is Inflation Costing Your Business?
Additional Information
Inflation Relief 2022
- 85% of small business owners say they are concerned about the impact of inflation on their business (U.S. Chamber of Commerce).
- One in three (33%) small businesses now rank inflation as the biggest challenge facing the small business community (U.S. Chamber of Commerce).
- Economists see case for high prices lasting well into 2023 and wage bills start to rise at businesses around the country-Bloomberg February 2022
- Inflation is the number one economic fear among millionaires for the first time in recent history, according to a recent CNBC Survey.
Learn More
What if there was a way to create additional layers of risk capital, to invest generating a higher overall rate of return?
Risk Management Protection & Summary
Additional Information
Risk Management Protection for...
- Key Man
- Supply Chain Interruption
- Business Closure
- Regulatory Changes
- Business Litigation
- Loss of Revenue and Expense Reimbursement from a Breach of Contract
- Reimbursement of Costs to Defend Business Litigation Expenses
- Brand or Reputational Damage (Cancel Culture Coverage)
- Loss of Business Revenue due to Loss of Key Employee
Risk Management Summary
- Create Rainy Day fund
- Additional Protection Against Inflation
- Reserves and Insurance to Cover Unexpected Losses
- Long-term Cash Flow Increase
Disclosures: Please see the Financial Underwriting Evaluation for Inflation Relief 2022 for all terms and conditions related to this program. This program is excess and surplus lines insurance offered on a direct procurement basis. Please speak with your insurance professional or attorney regarding purchasing such coverage. Information presented is for illustrative purposes only and not a representation as to results or any guaranteed returns.
Learn More
Contact us to get a quote on Inflation Relief specialized to your State and situation. Combines perfectly with TWA to fund your 1st and only contribution.
How Our Program Works
Our professionals have over a decade and a half of alternative risk transfer experience.
- The Program works by using alternative risk transfer (ART) to insure against non-traditional risk.
- By using a third-party carrier and premium financing, companies are able to create layers of risk capital.
- Businesses can utilize this additional risk capital to invest (pre-tax dollars) to leverage inflation risk.
- Based on the claims experience, insureds can anticipate up to a 92.5% refund of premium in 60 months.
- Furthermore, when future tax obligations come due, it is likely that dollars will be worth less. This allows a business to do its best to keep up with inflation.
Howard Francis, CEO (650) 449-6888 Howard@CPAddc.com
Victor Mojica, President (408) 314-3017 Victor@CPAddc.com
Our 3 free eBooks total over 800 pages: ProfitsUSA.com GeniusPaymentSystem.com LuvPanama.com.
For over 10 years, our elite community of Attorneys & CPAs has completed Due Diligence on many cost-saving, tax mitigation, and wealth creation solutions. Most of our vetted solutions have NO NET COST and 100s of client references. CA Lic # 0812340
Copyright © 2022 Santa Cruz Ventures Inc. - All Rights Reserved. This reading material presented the understanding and agreement that SCV Inc. is not engaged in rendering legal or other professional services by posting said material. US Treasury regulations require us to inform you that any US federal tax advice contained herein is not intended or written to be used and cannot be used by any person or entity to avoid penalties that may be imposed under the Internal Revenue Code. The services of a competent professional should be sought if legal, accounting, tax, or expert assistance is required.
This website uses cookies.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.