By: Jeffrey Roach, PhD, Chief Economist, LPL Financial & Lawrence Gillum, CFA, Fixed Income Strategist, LPL Financial
Not all recessions are created equal. Previous downturns in the U.S. were prompted by various shocks, with the most recent recession started by health and government-induced shutdowns. Other recessions started in the corporate sector, whereas some started from commodity shocks. The next one could start from geopolitical tensions. Nonetheless, we think the current business and consumer environments are safe from near-term recession risks.
Read the full commentary here: Weekly_Market_Commentary_4.25.2022