Are We Ready For A Recession?
The economy is in good shape, but some people say we could be heading towards a downturn. A number of recession indicators are beginning to flicker, such as a flattened yield curve, strong demand for treasuries and wild swings in the stock market.
The U.S. economy has some very particular tools to deal with recessions, but Mark Zandi, chief economist at Moody's Analytics says the usual monetary and fiscal medicine may not be as effective this time around.
Copyright 2020 NPR. To see more, visit https://www.npr.org.