Economist Slok Sees No U.S. Recession, ‘Benign’ Markets in 2020

The video discusses the current economic outlook, focusing on the possibility of a US recession, which seems unlikely at the moment. It highlights the role of low treasury yields in supporting asset prices and the risks associated with them. The discussion also covers the impact of corporate debt levels and the ongoing hunt for yield due to low risk-free rates. Finally, it touches on the influence of trade issues on market optimism and the potential for a phase one trade deal.

What are the current expectations regarding a US recession according to the text?

How do treasury yields relate to asset prices in the context of avoiding a recession?

What factors contribute to the low treasury yields despite a low unemployment rate?

What concerns are raised about corporate debt in the text?

What is the significance of a potential phase one trade deal mentioned in the text?