Search
 

No Double Dip Recession

A recession probably won't happen this year, largely because the economy exhibits none of the excesses that typically lead recessions.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The flow of economic news is hardly encouraging. Jobs growth remains disappointing. Recent readings on consumer spending and business activity show weakness as well. If the picture of the housing market has improved a bit, it still hardly portrays strength. Meanwhile, China’s slowdown and Europe’s recession further depress people’s moods and their expectations. Talk of an imminent recessionary dip has become common, for the third time now in as many years. But though there is a temptation to go along with this flow, the history of double-dip scares itself recommends restraint. After all, double-dip forecasts from 2010 and 2011, popular as they were, missed both times. They will likely miss again this year, too, not because the economy is strong, for it most definitely is not, but because it exhibits none of the excesses that typically lead recessions. 

Dig Deeper

Recommended Stories

Messy 30-Year Treasury Sale

Emily Barrett |

Fed goal of creating inflation leads investors to balk at Treasury offer.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.