No, A Global Recession Isn't Imminent
See link below to watch the interview on Forbes.
Many were shocked by Donald Trump beating Hillary Clinton in the race for the White House. Still, there is no need for hysteria. Unfortunately, some people couldn’t contain themselves.
Notably, there have been claims that the result of the vote will be instant economic disaster, not just for the U.S., but for the entire world. Fortunately, things are rarely so simple. When assertions seem extreme, it is often best to ask a level-headed expert. I picked one of the best in the business: Lakshman Achuthan, co-founder of the Economic Cycle Research Institute.
He told me that his sophisticated indicators of future economic activity showed zero signs of an imminent recession, either here in the U.S. or anywhere else for that matter.
Watch, listen, and learn in this Forbes video.