[quote=FlyerInHi][quote=paramount]I’d bet by January we’re in recession.[/quote]
Certainly not a declared recession. A recession requires 2 quarters of negative growth.
I’m thinking that a lot of money from emerging markets will seek safety in the USA. In the short term, it’s good for us. If anything, that will hold down mortgage rates and be good for real estate values.[/quote]
I’m definitely worried about our exports and trade gap in the medium term.