‘Something very strange’ explains why a US recession has been delayed
Since the Federal Reserve began aggressively hiking interest rates last year, more and more economists warned that a US recession was imminent.
But that recession has not yet arrived, and there’s no sign a recession is near even after reliable indicators like the inverted yield curve flashed red flags.
According to Societe Generale, “something very strange has happened” that explains why a US recession has been delayed, and it has to do with some timely moves made by corporations.
