3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

• The economy is flashing fresh warning signs a recession is on its way, according to Societe Generale.
• The French bank pointed to three worrying data points that have raised red flags in the past week.
• The firm is sticking to its recession call despite growing optimism over a soft-landing.

The US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale.