PIMCO’s Recession Signal Is “Flashing Orange”

Thursday, December 13, 2018
By Paul Martin

by Tyler Durden
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

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