Fed on the lookout for a recession

While the Federal Reserve believes the U.S economy is strong, the central bank’s policymakers discussed at a June meeting if a recession is looming, according to Reuters. The central bankers discussed a number of measures used to predict a possible economic downturn. They also expressed concern that mounting trade tensions could do damage to the economy. One portfolio manager told Reuters that the trade threat is a risk factor and the Fed will be monitoring how it affects businesses. • Do you believe a recession is in the near future for the U.S.? If so or if not, why?