Wieting: Recessions Do Sneak Up a Bit

The video discusses the current economic outlook, focusing on recession odds in G7 countries. The UK, Japan, and the US show varying recession probabilities, with the UK seeing a significant drop. The US labor force has grown, boosting economic optimism. However, the video warns of potential risks if demand outpaces supply, leading to a possible future recession.

What has been the trend of recession odds across the G7 countries as mentioned in the text?

How has the labor force growth in the US changed this year compared to previous years?

What are the implications of fiscal stimulus during an economic recovery according to the speaker?

What factors must be matched to boost demand in the economy?

What potential risks are associated with a boom-bust economic cycle as discussed in the text?