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Charles Rutenberg Realty Blog

Thursday, February 20, 2020   /   by Christina Paolillo

Recession?

We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur?


Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 economists, investment strategists, and market analysts surveyed believe the next recession will occur by the end of next year. Here’s the breakdown:





9% believe a recession will occur this year






50% believe it will occur in 2020






35% believe it will occur in 2021






6% believe it will occur after 2021





When asked what would trigger the next recession, the three most common responses by those surveyed were:





Trade Policy






Stock Market Correction






Geopolitical Crisis





How might the recession impact real estate?


Challenges in the housing and mortgage m ...

Read More

Charles Rutenberg Realty
Christina Paolillo
1545 S. Belcher Rd.
Clearwater, FL 33764
727-458-2482

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