Will Recession Strike in 2020?

Year-end is the traditional time to forecast the economy and ensure that your investment portfolio can handle future shocks. Habitual worrywarts—including some practitioners of the dismal science—see ominous signs that America’s record-breaking expansion will soon end. Meanwhile, most stock-market pundits see recent strong consumer spending as a good omen, signifying that stocks and the economy will continue to rise. Let’s review the best indicators to make sense of the picture.

The Conference Board, a nonprofit for economic…

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