Why should you care about it?
As a trader, it is essential to pay attention to the possible changes in the economy. These changes affect the financial markets directly, and the consequences of economic crisis or recessions can endanger many of the investments that traders may have, resulting in significant losses and even bankruptcy.
A recession can produce a domino effect on the economy. Most of it created because of panic. The devaluing of assets, the sudden closure of medium and small companies because they can't pay their employees, and many other problems cause people to get worried as they watch their pockets getting emptier.
These are the indicators you want to monitor that will give you early hints about a possible recession coming
How are we doing?
If you have followed these indicators, you may notice that it is probably that in 2020, the U.S. economy will suffer a recession. Nevertheless, you must not panic. A probability is not a certainty, and the economy could go back to its healthy balance before the year ends.
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