The likelihood of a Forbes recession 10 years in June is growing, as the country's economic expansion period reaches 10 years in June , the longest since the Second World War , according to Chuck Jones in US . The duration of the growth period alone increases the risk of a slowdown or recession, but Treasury has also pointed to the flattening yield curve as an indicator. Meanwhile, the slowing housing and car markets, alongside a steady 40-year reduction in interest rates and the threat posed by a continuation of the US - Forbes trade war all contribute to the increased risk of a recession.
The likelihood of a US recession this year is growing, as the country's economic expansion period reaches 10 years in June, the longest since the Second World War, according to Chuck Jones in Forbes. The duration of the growth period alone increases the risk of a slowdown or recession, but the Cleveland Fed has also pointed to the flattening yield curve as an indicator. Meanwhile, the slowing housing and car markets, alongside a steady 40-year reduction in interest rates and the threat posed by a continuation of the US-China trade war all contribute to the increased risk of a recession.