Economists size up 2019It’s time for economists to make their predictions for the year ahead. About 47.3 percent of the economists surveyed by the WSJ said the continuing conflict between the U.S. and China was the biggest economic risk of 2019. Only 7.3 percent of the economists polled by the WSJ said Fed rate increases were the biggest threat to the economy. Over half of the economists polled by the WSJ expect a recession to start in 2020, and slightly more than one in four expect it in 2021. Economists surveyed by Reuters put the chances of a recession in the next two years at 40 percent; Pimco has put the odds of one next year at 30 percent.

Source: New York Times December 14, 2018 11:32 UTC