What Could Go Wrong in America?
Although the US economy is in good shape, a world of uncertainty makes it worthwhile to consider what could go wrong in the year ahead. The main risk is a sharp correction in asset prices, which are running well above their historical average levels.
https://prosyn.org/FCrQirw
CAMBRIDGE – Although the United States economy is in good shape – with essentially full employment and an inflation rate close to 2% – a world of uncertainty makes it worthwhile to consider what could go wrong in the year ahead. After all, if the US economy runs into serious trouble, there will be adverse consequences for Europe, Japan, and many other countries.