from The Conversation
– this post authored by Jay L. Zagorsky, The Ohio State University
My outlook for 2017 and beyond is that the U.S. economy will likely see another recession.
Yes, the economic picture currently looks wonderful. The Dow and S&P 500 are at record levels. Unemployment is well below 5 percent of the labor force. Inflation is still tame. The U.S. dollar is strong.