US economy is not going to enter a recession, says expert

If the economy is going to be sucked into a pocket of negative quarterly growth, it’s going to be now, warns one top economist.

“I think if we have a negative quarter of growth, it’s likely to be the first quarter of the year because that will capture the price shock that is cascading through the economy and the hangover after the very strong finish of last year. I don’t think we are going to have a recession,” said RSM chief economist Joe Brusuelas on Yahoo Finance Live. “Right now, if you…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *