Recession or No Recession…?

Confused, so are we!

According to Morgan Stanley, recession is imminent and mostly due to a slow down in manufacturing which is spreading into services.

read more about it here: https://www.morganstanley.com/ideas/one-step-closer-to-recession

Goldman Sachs says no way, the economic run is NOT over … you can read more about that here: https://www.cnbc.com/2019/10/07/goldman-economic-run-is-not-over-and-us-is-not-close-to-recession.html

Who do we believe and what do we do?

Between now and election 2020 our economy may be the most volatile we have seen in a long time, But that doesn’t mean we have to panic, nor should get caught up in all the hype. We need real information about our market, the Minneapolis market that is. And because real estate is an economic key indicator, my promise to you is to provide detailed, accurate, real estate data … weekly from now until November 2020. So stay tuned!