Of course it is a possibility but also it may be avoided. With unemployment rates at 3.4% in the USA, it is possible that the US won’t go into recession and if so, it will be mild.
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint