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 Steps Toward De-Dollarization in Zimbabwe READ MORE CNBC's February Inflation Breakdown READ MORE OPEC Slashes Oil Demand Growth Outlook for 2024 and 2025 READ MORE NYSE Resolves Software Glitch After Erroneous 99% Stock Drop Displays READ MORE The Silver Institute: Demand Soars to Near-Record Highs in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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