Why a US recession may already be biting

<p>The economic data from the US can look rosy on the surface – low unemployment, a roaring stockmarket – but under the surface, cracks are appearing. Could a US recession portend doom for global growth and your portfolio?</p> <p>Platinum’s Julian McCormack joins the podcast to share:</p> <ul><li>Why low unemployment can precede an economic downturn</li> <li>How shipping rates and consumer data are predicting turmoil</li> <li>What investors should be considering as the S&amp;P500 continues to shine, and</li> <li>Opportunities for those who have cash to spare, and strategies for those who don't.</li> </ul> <p>You can access this and previous episodes of the Your Wealth podcast now on <a href='https://podcasts.apple.com/au/podcast/your-wealth/id1325928571'>iTunes</a>, <a href='https://nabtrade.podbean.com/'>Podbean</a>, <a href='https://open.spotify.com/show/0AT15JJWlVfnX7JkeLndrb'>Spotify </a>or at <a href='https://www.nabtrade.com.au/yourwealth?ID=4826281763563771838'>nabtrade.com.au/yourwealth</a></p> <p>If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.</p>