Friday, November 23, 2018

"Is a Recession Coming?"

by Bill McBride on 11/23/2018 02:46:00 PM

Derek Thompson at The Atlantic asked me about my views on an imminent recession in this excellent overview: Is a Recession Coming?

Thompson concluded:

If you’re going to worry, you should worry about three things: exports, China, and maybe the looming shadow of corporate debt. But nothing in the economy seems to predict an imminent recession.

Or at least that was my conclusion before Bill McBride sent me a follow-up email.

“Just saw Larry Kudlow’s remarks. Maybe I’m wrong!”
For more on the joke about Kudlow, see: Larry Kudlow is usually wrong