According to Brian Beaulieu, CEO of ITR Economics, there are actually three reasons to see a silver lining in the economic slowdown he expects to happen in the US this year:
- Interest rates in general will likely level off/decline
- The cost of carrying the national debt will abate in 2019
- Housing affordability will likely temporarily cease to be a growing problem
The post provides an overview of ITR’s reasons for predicting the slowdown and some other benefits from the trend.
Click here to see the full ITR blog post.