Odds of a recession appear low | Bob Doll

Sensible view from Bob Doll:

…The odds of a recession appear low, but so does a significant acceleration in growth. The regulatory environment is loosening, consumer spending appears solid and jobs growth remains strong. As such, we do not expect a recession any time soon. At the same time, however, we see no catalyst to push the economy into a higher gear unless the White House and Congress make progress on their pro-growth agenda.

Progress on tax reform would revive the bulls.

Source: Weekly Investment Commentary from Bob Doll | Nuveen

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