Earlier quoted context omitted.
There appears to be technical issues that caused #1, something about timing rather than a cause that points to more serious problems. If so, the analysis in #2 is based on a data point disconnected from those of the trend. Also the trend in #2 consists if 3 data points. It might be an accurate interpretation, but curves before the '73, '80, '81 recessions didn't follow this pattern. We'd need an explanation for why t…
Growth was already slowing in 2019, which is why the fed started dropping rates in June. In fact 2019 was the lowest growth in the entire decade, the lowest since 2008. https://www.bbc.com/news/business-50234626
"Wednesday's figures, suggesting resilient consumer spending and strong-than-expected housebuilding, is likely to ease fears that the US will enter recession."