Low Risk of U.S. Recession, Renaissance Macro's Dutta Says

The video discusses the ongoing conversation about a potential recession in 2020, analyzing the likelihood based on traditional economic indicators. It highlights that the risk of recession is low, with strong productivity and investment growth. The discussion also covers the role of tight labor markets in boosting productivity and the importance of capital deepening. The probability of a recession is considered typical, around 10-15%, and the video concludes that while a recession will eventually occur, current chances are low.

In what ways can confidence in the market impact economic recovery?

What indicators suggest that a recession may not be imminent?