US Economy Shows No Recession Signal 100 Days Into Iran Oil Shock
More than 100 days after the start of the Iran war and the resulting global oil supply disruption, the US economy has yet to exhibit a typical recession signal.
The US economy continues to defy historical patterns. Over three months have passed since the Iran war began, triggering a major disruption in global energy markets, yet the anticipated recession signal remains absent.
Typically, a sustained oil price shock of this magnitude would be expected to push the US economy into contraction. However, current data shows no clear recessionary indicators, suggesting the economy is proving more resilient than in past episodes.
Analysts are watching for any delayed effects, but for now the expected downturn has not materialized.
Source: FXStreet Forex News