Economic Impact: 2020 Forecast Looks Better Than It Did A Year Ago
January 8, 2020 by Christine Chmura
What a difference a year makes. Last year at this time there was talk of recession, in part, because the stock market and yield curve were signaling warning signs. At the end of 2018, the Dow Jones Industrial Average had its worst year since 2008.
If the stock market is falling, then investors must think the sale of goods and services are going to decline to the degree that profits fall. That is a recipe for recession.