Michael Gapen decreases US’ economic decline probability for 2020 from 30% to 20%
According to the expectation from Michael Gapen, one of the famous economic experts in the world, the US’ economic would still be threatened by the declining risks, but the probability would be decreased from 30% to 20% next year.
The main reason for the improvement was caused by the manufacture industry’s decline was slowing currently.
If the trade deal between China and the US would be made at the end, the declined risk for next year would be expectable, but the risk of the broken agreement still exists currently.
