Sung Won Sohn Quotes
Clearly, as a betting man, I would have to say the probability of a recession has gone up significantly. 
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Betting | Probability | Recession | Significantly |
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The corporate tax cuts may not have an economic impact until months later.
- Sung Won Sohn
Employment gains are rising at a slower rate, retail sales are decelerating somewhat, the stock market is going through some turmoil and the Middle East situation is also probably having a dampening impact on consumers' willingness to spend... So I think the Michigan confidence report is consistent with an overall picture in which consumers are doing well, but probably taking a breather for a while.
- Sung Won Sohn