Gary Shilling: The U.S. Economy Still Faces a Recession Risk Gary Shilling, a well-known financial analyst, has highlighted that while the U.S. economy has managed to stave off a recession thus far, the threat of an economic downturn remains. Shilling points to U.S. small businesses, traditionally sensitive to economic shifts due to their lower capitalization, as showing signs of strain by reducing employment and other activities. Despite these warning signals, a surprisingly robust labor market has played a crucial role in preventing a recession. The competition for workers during a labor shortage has led businesses to retain staff, thereby sustaining labor market strength. Shilling suggests that this resilience in the labor market has delayed, but not eliminated, the potential for a recession. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Surprise CPI Drop Propels Gold Prices Towards All-Time Highs READ MORE Gold's Disconnect from Dollar and Yields Raises Questions for Wealth Managers READ MORE ECB Lowers Rates for First Time Since 2019 Amid Inflation Concerns READ MORE Bill Gross Urges Federal Reserve to Halt Tightening and Slash Rates to Avert Recession READ MORE Bullion Bulls Eye $3,000 as Fed Signals Policy Shift READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment