Mainstream Concerns About An Economic Slowdown Revisited

Mainstream Concerns About An Economic Slowdown Revisited

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Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur this year or next.

However, the U.S. economy has performed well in the first quarter of 2019 and that has caused some experts to change their thinking on an impending economic slowdown.

Here are a few notable examples:

Anthony Chan, Chief Economist at JPMorgan Chase

“I feel really comfortable that the economy is slowing down this year, but not going into a recession… It doesn’t look, to me, like the odds of a recession in 2020 are there.”

Read more here...


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Phone: 407-494-6030
Dated: May 9th 2019
Views: 184
About Lance: My name is Lance Whipple and I help first-time homebuyers, international investors, “active adults...

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