Five Red Flags Signal A Coming Recession

If you have even a light touch on the pulse on the economy you have probably noticed things feel a little weak. And by weak, I mean the kind of slow-motion collapse economists like me get paid to anticipate.

I’ve spent decades teaching economics, and one of the most common questions I get is: “Are we heading into a recession?” I see five waving red flags warning we are headed for an economic slowdown: the quits rate, the index of consumer confidence; unintended inventories; the composite index of leading indicators; and general alarm and gloom on Wall Street.