Larry Summers says that the US might have another recession next year

[Hardkill]

As if the situation with Omicron wasn't bad enough news, top economist Larry Summer says that given the situation with inflation, it looks like the US will having another recession either during sometime next year, if not the year after. He was one of the few economists out there who predicted that inflation would last than compared to other economists and the Fed who believed that inflation was transitory. Summers doesn't think that the Fed has been doing enough to tame inflation and that the Omicron variant is now adding more uncertainty to the fate of the economy. 

https://www.marketwatch.com/story/summers-says-fed-will-struggle-to-engineer-soft-landing-as-he-frets-about-spontaneous-deflating-in-markets-11639561649

https://www.washingtonpost.com/opinions/2021/12/16/lawrence-summers-fed-inflation/