NEIL DUTTA: An economic recession is a major long shot
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Neil Dutta, the head of US economics at Renaissance Macro Research, spoke to Business Insider executive editor Sara Silverstein about what he sees as very low odds for a recession. He says financial conditions are easy, stocks are up, the yield curve is relatively steep, and economic indicators are looking solid - all factors he sees resisting a recession. And from a macro perspective, Dutta thinks that the US has "several years to go" before it's at real risk of one. He then goes on to say that the actual odds of a recession are below 10% right now.
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