Is The United States headed for a recession? Depression? ...or somewhere else? What do YOU think? More signs of recession? Slowing job growth, trade and factories add to economic worries. The truth is nobody can accurately forecast when a recession will hit, although there are some leading indicators investors and economists look out for. While you may have heard chatter about the yield curve inverting recently, there are other indicators that are equally or more important. A decline in payrolls or hours worked — especially for more than a month or two in a row — can signal a slowdown in employment. Housing prices, construction rates and supply are another set of indicators to watch. Generally speaking, when times are good, housing demand is high and prices rise. When demand begins to contract, fewer new homes get built, or existing homes sold. Slowing GDP numbers mean we could slip into a negative growth situation. Recession fears have also grown due to persistent trade war with China. But will it happen? For now we just know that the economy is cooling, -but the big question is whether the slowdown will morph into something darker? OR not..... (?)
Your opinions are welcomed :)
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