Concerns over the trade war, the Federal Reserve raising interest rates and tech stocks facing volatility has thrown the market into one wild roller coaster ride. Thirteen experts weigh in on why they don’t see a recession for at least another year.
SMART MONEY INDEX 📉
Via @AnthonyBSanders pic.twitter.com/SFjx1FsYRm
— OW🎄 (@OccupyWisdom) November 23, 2018
•18% of Americans have enough saved to cover three months of living expenses
•55 million Americans have zero in savings
•46% don’t have even $500 to cover an emergency need
•Households with the lowest net worth hold an average of $10,308 in credit card debtVia @mariachong pic.twitter.com/yarrhnzSxN
— OW🎄 (@OccupyWisdom) November 24, 2018
It looks like Deutsche Bank is in a downward spiral where shareholders and credit investors are frightening each other. Share price keeps falling while 5y default probability jumps >15%. pic.twitter.com/a65mWyrWvi
— Holger Zschaepitz (@Schuldensuehner) November 24, 2018