Friday, December 28, 2018

Forbes: Slow Down Yes -- Recession Not Yet

By SIMON CONSTABLE

The U.S. economy will likely weaken in 2019, but that doesn't mean a recession is imminent.
At least that's what important economic metrics suggest.
"At present, the outcome looks to be only a modest slowdown in the next couple of quarters," states a recent report from financial research firm HCWE & Co.
In other words, no recession in the cards yet. Recessions usually get defined as two consecutive quarters of economic contraction. Read more here.

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