Will the US economy enter a recession? It’s ‘a coin toss,’ says strategist

Will the US economy enter a recession? It’s ‘a coin toss,’ says strategist

Add another prominent voice in the field of economics warning about a looming recession.

“I would say that it’s probably closer to a coin toss that the economy will be moving into recession by the end of the year,” said Dreyfus and Mellon Chief economist and macro strategist Vince Reinhart on Yahoo Finance Live.

Reinhart’s comments come amid multiple negative forces playing out in the economy.

The Consumer Price Index (CPI) rose by 7.9% in February, marking the fastest pace of annual inflation…


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