Is the U.S. economy about to fall off a cliff? Declining growth, financial market jitters, and a growing rift between the U.S. and China are all fueling fears of a recession.

For the first time in 12 years, since shortly before the last recession, interest rate yields on 10-year government notes are lower than for short-term loans. This inverted yield curve is highly unusual and the latest sign that a sharp slowdown could happen soon.

"The inverted yield curve has accurately predicted seven out of the last seven recessions in the past half century, says our guest, award-winning financial journalist and best-selling author Diana Henriques. 

In this episode we look at the risks of a recession and constructive ways to handle it. These include:

- "A calming voice from the cockpit." The need for wise leadership and strong communication skills from The White House.

- Experienced financial regulators who know what to do in a crisis.

- Greater attention from big business to the needs of stakeholders, not just shareholders. 

"A modern economy and financial system plugged in to global financial systems is a complex, delicate machine," says Diana. What's needed is "somebody watching it that knows what they're doing... how to explain what's happening and what plans they have to explain it to the public in a way that's credible and understandable."

Protecting yourself in case of a recession... link.

More on Diana Henriques books and media engagements... here.

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