Market Insights

Recession Watch: Risks Remain Low

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With the current US business cycle extended from a historical perspective, some investors are concerned about heightened recession risks. Our SunTrust Leading Indicator Composite (SLIC), however, places near-term recession risks at only 20%, which is still relatively low by historical standards.

While there are risks we are monitoring, such as the flatter yield curve and tighter monetary policy, the weight of the evidence suggests the expansion has further to go and is set to challenge the longest in history.

How can we help you meet your wealth management needs?

Consult with a SunTrust Private Wealth Management Advisor or learn more about SunTrust Private Wealth Management.

This content does not constitute legal, tax, accounting, financial or investment advice. You are encouraged to consult with competent legal, tax, accounting, financial or investment professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.

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Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. While SunTrust and BB&T have merged to become Truist, both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees, and pricing.

Our friendly teammates at your local BB&T branches will be happy to walk you through their products. You can also learn more by contacting them at 1-800-BANK-BBT or BBT.com.