Recessions and confessions: When's the next recession coming?

If the average American consumer is doing well, GDP is not likely to fall, at least in the near term.PHOTO: AFP

When's the next recession coming?

It's a fair question, especially in year 10 of this record expansion, but I'll confess from the outset that it's one nobody can answer with confidence.

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A version of this article appeared in the print edition of The Straits Times on August 01, 2019, with the headline 'Recessions and confessions'. Subscribe