Institutional Investor (November 18)
2015/ 11/ 20 by jd in Global News
“Since World War II, the U.S. economy has averaged a recession every five years.” Despite over six years of recovery, it doesn’t look like the U.S. is especially prone to recession because “the catalysts for a downturn aren’t in place.” There’s no real asset bubble, overheating or inflation. A recession is always a risk and can be brought about by unforeseen external shocks. At the moment, however, the risk of a recession looks normal, about 20–25%, for the next 12 months.
Tags: Asset bubble, Economy, External shock, Inflation, Overheating, Recession, Recovery, Risk, U.S., World War II
