Alternative Metrics, page-1499

What recession? I only see a recession if the trade war escalates again. Extremely low unemployment, accommodating monetary policy due to low inflation rate and spare capacity in the labour market, company tax cuts in the US which encourages capex and hiring.

I'm not sure why people are so set on seeing a recession. There needs to be more reason to have a recession rather than basing it on 10 year cycles and inverted yield curves. Although a trade war will do it.