Chuck Jones in Forbes –
The underlying economy is weaker than perceived when you look at March quarter’s GDP numbers and railroad traffic taking a significant downward move over the past month. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months.
It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.
