There are a lot of worries in the market that a recession may be headed the way of both the world generally, and the US more specifically. However, two analysts from well-respected Ned Davis Research have a different opinion. Of their 10 recession indicators which they watch, only one is signaling a recession. In particular, they dismiss five of the market’s biggest worries: the inversion, market breadth, deteriorating economic signals, earnings deceleration, and the trade war.
FINSUM: These guys seem overly optimistic. One of our big questions is whether some weakening signs in the economic actually point to a recession, or are they just part of a temporary ebb.