Should We Be Thinking of the R-Word?
Former Chief Global Economist for JPMorgan Chase, Ph.D in Economics
If we are not thinking about it, I can assure you that many others are talking about it with greater frequency. A U.S. recession has been observed on average, every 5.35 years since 1945. That means the probability of a recession is about 18.7% in any given year.
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