Personal Finance Insider | NEIL DUTTA: An economic recession is a major long shot @InsiderPersonalFinance | Uploaded August 2017 | Updated October 2024, 13 hours ago.
Neil Dutta, the head of US economics at Renaissance Macro Research, spoke to Business Insider executive editor Sara Silverstein about what he sees as very low odds for a recession. He says financial conditions are easy, stocks are up, the yield curve is relatively steep, and economic indicators are looking solid — all factors he sees resisting a recession. And from a macro perspective, Dutta thinks that the US has "several years to go" before it's at real risk of one. He then goes on to say that the actual odds of a recession are below 10% right now.
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
Neil Dutta, the head of US economics at Renaissance Macro Research, spoke to Business Insider executive editor Sara Silverstein about what he sees as very low odds for a recession. He says financial conditions are easy, stocks are up, the yield curve is relatively steep, and economic indicators are looking solid — all factors he sees resisting a recession. And from a macro perspective, Dutta thinks that the US has "several years to go" before it's at real risk of one. He then goes on to say that the actual odds of a recession are below 10% right now.
--------------------------------------------------
Follow BI Video on Twitter: bit.ly/1oS68Zs
Follow BI on Facebook: bit.ly/1W9Lk0n
Read more: businessinsider.com
--------------------------------------------------
Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
