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United States: Moving Toward Economic Recession in 2019? One could argue that in a world subject to the inevitability of business cycles, the United States is overdue for a recession. During the 60 year period from 1950 to 2010, the US economy experienced 10 recessions, averaging one recession every six years. In contrast, the longest period of uninterrupted economic growth was just shy of 10 years. The US is now in the midst of nine years of economic growth with the last "Great Recession" a fading memory for some. Will 2019 bring recession to the US?With the potential exceptions of asset prices and the yield curve—now at its lowest level since the last recession—standard leading indicators of economic recession paint a picture of a relatively strong US economy.Economists and investors have good...
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