{"id":2265,"date":"2019-05-09T05:00:05","date_gmt":"2019-05-09T10:00:05","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/mainstream-concerns-about-an-economic-slowdown-revisited\/"},"modified":"2024-01-18T20:52:00","modified_gmt":"2024-01-19T02:52:00","slug":"mainstream-concerns-about-an-economic-slowdown-revisited","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/mainstream-concerns-about-an-economic-slowdown-revisited\/","title":{"rendered":"Mainstream Concerns about an Economic Slowdown Revisited"},"content":{"rendered":"

\"Mainstream<\/p>\n

Recently, we reported<\/a> that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur this year or next.<\/span><\/p>\n

However, the U.S. economy has performed well in the first quarter of 2019 and that has caused some experts to change their thinking on an impending economic slowdown.<\/p>\n

Here are a few notable examples:<\/strong><\/h4>\n

Anthony Chan, Chief Economist at JPMorgan Chase<\/em><\/a><\/h4>\n
\n

\u201cI feel really comfortable that the economy is slowing down this year, but not going into a recession\u2026 It doesn\u2019t look, to me, like the odds of a recession in 2020 are there.\u201d<\/em><\/p>\n<\/blockquote>\n

Dean Baker, Senior Economist at the Center for Economic & Policy Research<\/em><\/h4>\n
\n

\u00a0\u201cTo sum up the general picture, the U.S. economy is definitely weakening\u2026 However, with wages growing at a respectable pace, and job growth remaining healthy, we should see enough consumption demand to keep the economy moving forward. That means slower growth, but no recession.\u201d<\/em><\/p>\n<\/blockquote>\n

Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley<\/em><\/h4>\n
\n

\u201cI\u2019m not convinced a recession is coming soon… I see an improving housing market (low rates help), a rebound in bank lending, a tight labor market, higher oil prices and well-behaved credit markets. All these point to a stable U.S. economic outlook.\u201d<\/em><\/p>\n<\/blockquote>\n

Bottom Line<\/strong><\/h3>\n

We are seeing a stronger economy than many had predicted. That has caused some experts to push off the possibility of a recession further into the horizon.<\/p>\n

Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"

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We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur […]<\/p>\n","protected":false},"author":1,"featured_media":2266,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"\nMainstream Concerns about an Economic Slowdown Revisited—NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/mainstream-concerns-about-an-economic-slowdown-revisited\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mainstream Concerns about an Economic Slowdown Revisited—NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Recently, we reported that many believe a recession could happen within the next two years. 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