Q2 for 2019 is over. The second Democratic Debates will happen at the end of July. It looks like stocks, real estate and employment are still holding strong. But with a presidential election in 2020, we could have considerable tailwinds. It's also long due that the 10 year cycle for a recession is up.
This is what the experts are predicting. “Three-fourths of the NABE Policy Survey panelists expect an economic recession by the end of 2021,” said NABE President Kevin Swift, CBE, chief economist at the American Chemistry Council. “While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.”
What does the economy look like in 2020? What do you think? Let us know in our forum.
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