There's still a big risk of the US economy hitting a recession, Michael R. Strain wrote in Project Syndicate.
Some key signals are pointing to a recession on the horizon, he wrote.
"The economic outlook is unusually murky, with different sets of indicators telling different stories."
"The economic outlook is unusually murky, with different sets of indicators telling different stories," Strain wrote for Project Syndicate on Monday.
But those indicators also suggest that a hard landing — a recession — is more likely than a soft landing."
Persons:
There's, Michael R, Strain, —
Organizations:
Project Syndicate, Service, American Enterprise, Business