Money Life With Chuck Jaffe Daily Podcast

Piegza: Red flags may be leading economy to a 'technical recession'.

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Synopsis

Lindsey Piegza, chief economist for Stifel Fixed Income, said that the sluggish housing market is raising red flags despite the solid economic growth seen during the second quarter, and she noted there are other warning signs popping up which could all be a part of a building recession and downturn. While not forecasting a large crash, Piegza did note that recessions typically follow inverted yield curves -- which she expects to see here soon -- by about two years. Also on the show, Greg McBride talks about