Raising Rates Will Most Likely Cause a Recession

<p>I agree with the thought that the Fed raising interest rates will most likely result in a recession, says David Scranton, Founder &amp; CEO Income Strategies. David thinks it is better to have a series of smaller more frequent rate increases than larger hikes such as 75 basis points at a time, to prevent spooking the markets. He thinks there is still pent-up energy for spending. Tune in for the full discussion with Nicole. </p><p><br></p>