What Will Cause The Next Recession - Michelle Meyer On Elevated Risks

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Bank of America's Head of U.S. Economics Michelle Meyer predicts a slower economy in 2019 compared to last year. A slowing global economy, especially from China, is likely to have an impact on the United States. But despite the risks being higher, the economic data shows an imminent recession may not be in the cards. She also explains why wages have improved despite an aging population. "The labor market is tight," she says. And it's not just for high-skilled workers, but for lower income jobs as well. Watch the video above to hear more from Bank of America's Head of U.S. Economics Michelle Meyer. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC #CNBC #TheNextRecession What Will Cause The Next Recession - Michelle Meyer On Elevated Risks

Published 2019-02-11 · Watch on YouTube ↗
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