Recession Expectations: What Markets Are Getting Wrong

The video discusses the likelihood of a recession, focusing on predictions for 2019 and beyond. It examines economic indicators, market pricing, and the impact of tax reforms. The discussion includes sector analysis, highlighting opportunities and risks, particularly in the industrial sector. The video concludes with an exploration of risk factors affecting the economy, emphasizing the consumer sector's robustness and the potential for growth in cyclical parts of the economy.

What is the consensus regarding the likelihood of a recession in 2019?

What factors are mentioned that could lead to a contraction in the economy?

What are the implications of the earnings estimates for 2019 according to the speaker?

Which sectors are discussed in relation to their performance amid economic concerns?

How does the speaker describe the current state of the economy as it relates to potential recession?