PIMCO’s Recession Signal Is “Flashing Orange”
by Tyler Durden
ZeroHedge.com
Thu, 12/13/2018
The recession warnings are growing louder.
Earlier this week we reported that according to JPMorgan’s latest “real-time quant monitor”, the risk of a recession has spiked to a no longer trivial 35%, the highest in series history (and up from 16% back in March)…
… while the probability that the next presidential election will take place during a recession (i.e., odds in two years) has now surged to more than double that, or over 70%, virtually assuring that the US economy will be contracting in November 2020.
The Rest…HERE
