Leadership TV

Economic Recession in the Year 2019 — Yay or Nay

With the onset of the new year 2019, many fear economic recession. Thanks to the Economist Intelligence Unit (EIU) that has predicted that by 2019 economic recession will hit the US. However, the scenario has changed big time and expecting positive results may not be wrong. In this video at Business Insider, Kate Moore, Chief Equity Strategist at BlackRock Investment Institute shares that investors are going to pay for growth and the US has a better market composition for the current business cycle. It is true that a trade war or an escalation of the trade war in 2019 may turn into an obstacle, but may not shape into economic recession.

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