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"The ongoing concerns about recession risk among business leaders reflect the slowing economy" of 2019, Bart van Ark of The Conference Board said.
Crucially, they could all materialise in the next five years during the term of the newly elected UK government.
What recession? Investors surveyed by Bank of America just reported a record jump in economic optimism
"In the last two months FMS investors have priced out recession risks," wrote Bank of America analysts led by Michael Hartnett.
Small-business owners have benefited from the Tax Cuts and Jobs Act of 2017, and have used the money to expand their businesses, according to NFIB.
The investment bank pointed to a host of reasons, even Modern Monetary Theory, as factors in its forecast.
October's 1.7% fall means that in the last year output has fallen 5.7% — the steepest year-on-year decline since 2009.
The bank's own economists, however, say there's only a 20% chance of a recession hitting within the next year.
Famed economist David Rosenberg lays out the evidence that recession risks are alive and well — and warns a ‘state of denial’ h...
In an op-ed, Rosenberg lays out the most crucial pockets of the economy that are slowing down, and warns a "state of denial" has gripped investors.
JPMorgan’s top strategist called out Icahn, Soros and other ‘Armageddonists’ who fuel recession fears
Michael Cembalest said that negative thoughts were hampering returns.
Blackstone CEO Schwarzman reportedly calls recession fears ‘overblown.’ The firm’s chief strategist warns one may hit next year.
"The current government has been good for the business community, and for economic confidence," CEO Stephen Schwarzman told Financial News.