United States: Are the factors that triggered a recession in the past present today?

Even though the consensus only shows a slowdown in US growth in 2020, some observers and investors are still concerned that a recession will appear in the United States. We will therefore seek to identify the causes that triggered recessions in the past (1990, 2000, 2008) in the United States, and whether or not these causes of a recession are present today. At first sight, they may be: Excess ive household debt, leading to a loss of household solvency when interest rates rise or when growth slows, especially if real estate prices start falling in parallel (1990-2007); Excessive corporate debt, leading to a loss of solvency and a downturn in investment when interest rates rise or growth slows, especially if share prices fall at the same time (1990-2000-2007); Declining corporate profitability (caused by accelerating wages or rising interest rates), leading to a decline in investment (1990-2000-2007); A rise in oil prices, which reduces real income and domestic demand (1990-2007). What threats are there in 2020 ? None of the above .