Does the US GDP contraction in the first quarter of the year, coupled with weaker jobless claims data indicate a looming recession for the world's biggest economy? Tim Mulholland of TJM Limited weighs in on why he's less pessimistic about the US economic outlook.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Aisalli Ayub, Philip See, Shazana Mokhtar

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Categories:  markets,  economy,  international

Tags:  us gdp,  unemployment rate,  recession,  global economy,