The recent weak retail and consumption data from the first quarter has raised concerns about a potential recession. Interactive Brokers senior economist José Torres explains that while the likelihood of a downturn is uncertain, factors such as weak consumer spending and possible labor market deterioration could push the economy toward a shallow recession. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
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The odds of a US recession are 'on a coin flip,' economist says
The recent weak retail and consumption data from the first quarter has raised concerns about a potential recession. Interactive Brokers senior economist José Torres explains that while the likelihood of a downturn is uncertain, factors such as weak consumer spending and possible labor market deterioration could push the economy toward a shallow recession. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.