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