Financial Sense: U.S. Recession May Have Started in Q2

Gary Shilling, a noted economic consultant, provides plausible reasons as to why he believes that the U.S. economy may have slipped into recession in Q2/2019. He explains why Q1/2019 GDP growth was influenced by distorted factors, such as weakening consumer spending, rising inventories, import/export imbalance, falling industrial production, and declining capacity utilization, which are only some of the factors listed.

You can access the entire article from Financial Sense : … …   HERE

About Bob Weir 3002 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).