St. Louis Federal Reserve economist William Emmons has found a data point that supports the case for a Fed rate cut amidst a possible recession down the line. According to the economist in a report: “Data on single-family home sales through May 2019 confirm that housing markets in all regions of the country are weakening. […]
The post Don’t Panic, But This Chart May Foretell a Recession appeared first on CCN Markets
source https://www.ccn.com/opinion/dont-panic-but-this-chart-may-foretell-a-recession/2019/07/02/
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