A recession is about to hit the US economy. Here are 3 warning signs that defy consensus view, according to Raymond James

Mon, 10/23/2023 - 10:02

Recession outlook, going out of business, economy — The US economy is showing resilience, but experts warn a recession is still on the table.
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A recession is poised to hit the US economy within the next nine months, according to Raymond James.
The investment firm said rising borrowing costs, a tapped out consumer, and ongoing labor strikes should push the economy into a recession.
These are the three big warning signs Raymond James is monitoring ahead of a potential recession.

Don't be fooled by a resilient consumer, as a recession is poised to hit the US economy within the next nine months, according to a recent note from Raymond James chief investment officer Larry Adam.