Scott Shellady: US markets analyst says the US won't avoid a recession - Heather du Plessis-Allan Drive

US economists are predicting the region will be able to get inflation under control while avoiding recession.

The US Federal Reserve is no longer projecting a recession in the near term, and employment and the economy are holding strong.

One Nashville-based markets analyst, Scott Shellady, still believes the region is at risk of entering a recession.

"The consumer is starting to falter here in the country. We've got foreclosures spiking, auto loan delinquencies are also rising quickly, corporate bankruptcies have spiked. There are a lot of negative signs."

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