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cencacenca

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U.S. recession odds rise to 40-45% in six months: DoubleLine's Gundlach 7 years ago

the 2008 recession was characterized by 0% interest rate and bad mortgage loans. the 2000 recession was characterized by threats of emerging jobs offshoring and bad investments into internet companies that don't make money. the 1990 recession was characterized by threats of sky high oil price, and so was 1980.

Nothing like that exists to hurt US economy right now

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U.S. recession odds rise to 40-45% in six months: DoubleLine's Gundlach 7 years ago

Yield curve inversion != recession, as most people on HN have clarified numerous times. it's not even the top 10 predictors.

US has THE strongest economy in the world right now. You'll see depression in China (already happening), and recession in Japan/EU/Canada/Mexico first. US has the lowest unemployment rate in 30 years, wage growth, 3% gdp growth, and foreign direct investments going through the roof.

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