The question now is, how badly? On that score, Friday's payroll report for September contained ammo for the optimists, as well as the pessimists - and plenty for the Federal Reserve to ponder
Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure
Do not let talk of yield curve inversion and impending recession spook you
Only two per cent of the 226 respondents now see a recession this year, compared to 10 per cent in February's survey, NABE said
One stumbling block may occur if the Federal Reserve, led by Chair Jerome Powell, raises interest rates too quickly or aggressively
It's unlikely that Wall Street-favouring white men will have anything close to the share of influence during the next downturn that they had in the last one
Still, there is debate within the Fed over whether a flat yield curve is problem