U.S. May Fall Into Recession as Early as 2020, Stifel Nicolaus Says

The video discusses the global economic outlook, highlighting concerns about weaker growth and inflation, particularly in Europe, and potential contagion to the US. It analyzes the US job market, noting a moderate pace of job creation and wage growth, with risks of recession. Structural issues in labor markets, such as low participation rates, are explored as factors affecting wage growth. The potential impact of trade resolutions on US economic sentiment is also considered, though it may not be enough to prevent a recession.

What structural issues are affecting wage growth in the US labor market despite low unemployment rates?

What role does geopolitical risk play in the current economic sentiment towards the US economy?