Alexander Kurov | Worth | Aug 27th, 2019
Although the U.S. economy continues to grow and add jobs, talk of a recession is increasingly in the air due to a number of worrying signs.
Business investment and consumer confidence are taking a hit due to the growing economic jitters and uncertainty over the ongoing trade war with China. An important bond market recession warning–known as an inverted yield curve–is spooking investors. And policymakers are actively taking steps to bolster the economy, such as the Federal Reserve’s recent decision to lower short-term borrowing costs. The Trump administration is even mulling a payroll tax cut to avert a downturn.