CAROL ROTH: What are the warning signs of a recession?
Changes in inflation, including rapid inflation, can be a sign of a pending recession. Increasing commodity prices, which are obviously linked to inflationary pressures as they trickle through the economy, can also flash a warning sign.
Obviously, those indicators are definitely not bullish for the economy. Inflation is at the highest levels in four decades, and commodity prices are continuing to add to costs throughout the supply chain, impacting consumers.
Naturally of course, Biden takes no blame: