FYI: A reader asks:
I’ve heard ad nauseam that we are in the late innings of the expansion, but also that since we are at near 3% GDP, it is unlikely for us to quickly go into negative GDP growth and a recession. Would a certain level of GDP make it unlikely that a recession is close, or is that a false narrative?
When you look at the real GDP figures over time the data is noisy to say the least:
Regards,
Ted
https://awealthofcommonsense.com/2019/03/economic-growth-heading-into-a-recession/
