Is the US economy bound for recession?
Episode description
US stocks have rebounded from an end-of-year lull, but many are forecasting a recession on the horizon. Complicating the US outlook is President Donald Trump's ongoing government shutdown and frayed trade relations with China.
What are all the factors driving a negative US outlook? Economic analyst Omar Al-Ubaydli gives his take to host Chris Nelson in this week's episode of the Business Extra podcast. Listen here:
Also discussed in this episode:
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The UAE economy is expected to the buck the World Bank's pessimistic global GDP outlook. Is this driven by the optimistic country's outlook in the non-oil economy?
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