Cycle Engages, U.S. Falters
December 21st, 2017
Though we remain very positive on the global cycle, this report further develops our view that the United States is set for a recession in 2018. We continue to project global growth rates above 4 percent through 2019 and possibly beyond. However, our recession indexes are pointing in the direction of a U.S. recession although they are not yet sending a recession signal.
For an excerpt from this report, see Stock Prices are a Source of Recession Risk.
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