Blue Chip Lowers Forecasts As Trade Concerns Dominate

The Blue Chip Economic Indicators’ economists are really worried about the global impacts of the U.S.-China trade dispute. And they also raised their recession probability percentages. The headline and subheading of the September newsletter, released Sept. 10, tell the whole story: “Growth Forecast Reduced; Trade Issues Dominate; Increasing Uncertainty.” And the subhead: “Recession probability increases;…