Email Us
Sign In
Email Us
Log In
Email Us

Is a Recession Around the Corner?

Some analysts are saying that we are long overdue for a recession, especially since recent gross domestic product numbers came in below the previous three quarters. Listen to Wes Johnson, CFP® on South Carolina Business Review on the concern that the economy is starting to slow and potentially head for recession. Click the link below to listen to the replay.

[link_button link=”http://scpublicradio.org/post/recession-around-corner” size=”large” color=”#0D4F8B” align=”left”]LISTEN TO THE REPLAY [/link_button]


Wes Johnson, CFP®

“If you’re just looking at fundamental data points, there really aren’t many things about our economy that keep us up at night. The labor market is very tight, and employers are having a hard time finding qualified employees. That’s a pretty nice problem to have and it’s a problem that will eventually result in higher wages, but so far wage growth has been pretty modest. Wage growth is around 2.3% right now, which is just barely above inflation. If wage growth gets up to around 4%, that’s going to put a dent in corporate profits and it will push inflation higher. If that happens, we may see the fed get a little more aggressive with their rate hikes, which the stock market probably won’t like, at least temporarily. We feel like the biggest risks to our economy are geo-political risks. If oil was to skyrocket or if a serious trade war materialized, those are the things that could derail our economy. Outside of a geo-political event, the risk of a recession the next 12 months is very low.” —Wes Johnson, CERTIFIED FINANCIAL PLANNER™. Click here to learn more about Wes.

Click here to listen to the full South Carolina Business Review radio interview.


Contact Us

Please feel free to contact us any time with questions, or to request more information.
[contact-form-7 id=”6264″ title=”Contact page contact form”]

 

[hr width=”1px” color=”#A9A9A9″ style=”dashed”][/hr]

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. Economic forecasts set forth may not develop as predicted. All performance referenced is historical and is no guarantee of future results. Indexes are unmanaged and cannot be invested into directly.

Get the Weekly Market Commentary by Email

Short insights, once a week—no spam, unsubscribe anytime.

* indicates required

Read More Recent Insights

Weekly Bottom Line

Kevin Warsh takes the helm of the Federal Reserve after his nomination was confirmed by the Senate this week. Inflation spiked in April, with CPI up 3.8% year-on-year, as higher energy prices filtered through the economy. This in turn weighed on retail sales during the month, with real sales down

Read More »

Energy Shock Expected to Hit Prices Harder Than the Economy

Headlines surrounding the Middle East have dominated investor attention since late February. While uncertainty remains elevated, diplomatic negotiations have supported equities, even as fixed income and commodity markets continue to reflect potential risks. Recent economic data suggest the U.S. economy muddles on, though supply chain disruptions, higher shipping costs, and

Read More »

May 2026 Market Update: Strong Stocks, Modest Bonds

April was a strong month for stocks and a more modest month for bonds. Because portfolios generally include a mix of both, results were positive overall for many allocations, but varied depending on how each portfolio is structured.
In this month’s update, Doug walks through the market drivers behind those results and how to think about what you may be seeing across your accounts. It’s a helpful reminder of how different parts of a portfolio can behave in different environments—and why allocation matters.

Read More »