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1
AD
2019 Apr 12, 10:56pm
AD
2019 Apr 12, 10:56pm
Probably next recession going to be like 1991 recession and less worse than 2009 recession.
2
Malcolm
2019 Apr 13, 12:22am
Malcolm
2019 Apr 13, 12:22am
Whenever an expert says there is no reason to think it could be as bad as before, start planning for the worst case scenario.
3
SunnyvaleCA
2019 Apr 13, 12:47am
If the "professionals" knew what they were talking about, they would have retired as billionaires already.
Summary
The most recent recession was particularly severe. Whenever the next recession comes, there is no reason to think it will be as severe as the last one, and certainly, the causes will be different.
Nobody knows when the next recession will arrive. At the moment, there is a lot of discussion, some informed and some merely inflammatory, about a phenomenon known as the inverted yield curve.
We have an inverted yield curve during the longest recession-free period in over 70 years. Is it time to panic?