Most economists predicted a decent year for 2016 but right out of the gate we’ve seen troubling indicators. The stock market had its worst start ever with Wall Street’s wild swings fueled by China’s reported instability, crashing oil prices and more. Some are even whispering about a recession this year. But the Fed still plans to keep increasing interest rates slowly so we try to make sense of it all with a pair of local economists.
Mark Vitner - senior economist and managing director, Wells Fargo
Dr. Harry Bowen - chair of International and Business Finance, McColl School of Business, Queens University of Charlotte