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707 - We're Not In a Recession, But We're On The Verge of One by J Scott

BiggerPockets Daily

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Three Key Factors That Affect GDP Growth

Growth in the economy has been affected by two factors: Imports and trade. With warehouses packed with inventory, businesses haven't had to spend nearly as much money this year. The yield curve is flattened or inverted, but it's historically a sign of what's to come not where we are today. Bond and mortgage rates are leveling and dropping, indicating that risk premiums are dropping. Consumer sentiment will drive consumer habits, which will determine where the economy is headed.

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