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David Shulman David Shulman is a senior economist at the UCLA Anderson Forecast.

The UCLA Anderson Forecast and the UCLA Ziman Center for Real Estate is sticking to its 3-2-1 economic calculation. According to the most recent forecast, the school is consistent that there will be 3% growth in 2018, 2% growth and 1% growth in 2020—increasing the risk of a recession. The forecast has maintained this outlook since March 2018, but the latest forecast shows concern about the leveraged loan market. In fact, corporate debt, which the forecast says is not as “over-extended” as the mortgage market in 2008, could trigger the next recession.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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