Episode notes
Is the United States economy on the verge of slipping into a recession? Or is the exact opposite happening – is the economy continuing to recover, and is more robust than it is getting credit for? Are we looking towards an economy in recession, or are we more recession proof than many economists believe?
While our economy is by no means recession proof, it should come as no surprise to our clients and to TPW friends and colleagues that we take this volatility with a grain of salt, as we pay attention, but rarely react, to these short-term movements. Is a recession coming?
Perhaps, but there is anything but consensus on what happens next.
What we do know is this:
1. While the economy is by no means recession proof, economic expansions tend to be much more robust than recessions.
2. Even if we are facing an econom ...
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