For those who’re uncertain if the U.S. financial system is in a recession, you are not alone.
Gross domestic product has declined in back-to-back quarters this year, which is a typical sign to market watchers of a recession. However even high specialists are debating whether or not that reality within the present financial system quantities to the “R” phrase this time.
In the meantime, a lot of these monetary specialists who say we’re not in a recession now, contend that one is on the way in which.
Why is all of it so complicated?
Watch this video, as CNBC’s Emily Lorsch breaks all of it down.