Investors Anxious as Promised Recession Fails to Materialize.
TL;DR
Despite the Conference Board's leading economic index declining for 14 months, Yardeni Research suggests that the US is not headed towards a recession. The firm believes that the economy has been in a rolling recession, making an economy-wide recession less likely. Job openings remain high, and the S&P 500 Index has been rallying since last October. Investors are growing weary of waiting for a widely-anticipated recession that remains a no-show.
Topics:businesseconomics#economics#job-openings#leading-economic-index#recession#sandp-500-index#yardeni-research
- Investors Growing Weary Of 'No-Show' Recession: Why This Analyst Says Economy-Wide Downturn Is Less Likel Benzinga
- Where's the Recession We Were Promised? - WSJ The Wall Street Journal
- Stocks will plunge back into a bear market when recession hits - even if it's a mild one, top economist David Rosenberg says Yahoo Canada Finance
- Will the U.S. Have a Recession This Summer? The Chances Are Falling. Barron's
- US Economy May Beat the Odds This Year and Dodge a Recession Bloomberg
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