Yellen brings a little sanity to the dicussion of our Economy.

Janet Yellen: US 'most likely' not entering recession, but odds 'have clearly risen'

Yellen, a past  Fed Chairwoman,  is a fovorite of this blog.  And, her comments are critically important,  especially if they prove to corrent.  Expect to see forcasts of "recession" as the campaign season continues.  Nothing is more desirable to a Progressive Trump Hater than to see "recession" raise its ugly head.  

As a novice reporter,  I do not believe that a recession,  should it happen,  will be strong enough to reverse hiring trends, nor will it be strong enough to be considered as a "financial collapse."   

Note:  A recession is said to exist when the nation experiences two consecutive negative quarters in terms of GDP.  "Near recession" is a prolonged period of 1.8 or less.  Obama's economy averaged 1.6% per year for the entire 8 years of his time as President.