The odds of a US recession are 'on a coin flip,' economist says

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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.

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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