How Do We Fix It?

Rising Risks of Recession: Diana Henriques

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Sinopsis

Is the U.S. economy about to fall off a cliff? Declining growth, financial market jitters, and a growing rift between the U.S. and China are all fueling fears of a recession.For the first time in 12 years, since shortly before the last recession, interest rate yields on 10-year government notes are lower than for short-term loans. This inverted yield curve is highly unusual and the latest sign that a sharp slowdown could happen soon."The inverted yield curve has accurately predicted seven out of the last seven recessions in the past half century, says our guest, award-winning financial journalist and best-selling author Diana Henriques. In this episode we look at the risks of a recession and constructive ways to handle it. These include:- "A calming voice from the cockpit." The need for wise leadership and strong communication skills from The White House.- Experienced financial regulators who know what to do in a crisis.- Greater attention from big business to the needs of s