Economists Believe a Recession Is Likely Within Next Four Years
Bank of America: Markets ignoring risk of recession in US
Fed risks repeating Lehman blunder as US recession storm gathers
"We are seeing a serious deterioration on a monthly basis," said Michael Howell from CrossBorder Capital, specialists in global liquidity. The signals lead the economic cycle by six to nine months.
"We think the US is heading for recession by the Spring of 2017. It is absolutely bonkers for the Fed to even think about raising rates right now," he said.
Anyone here surprised?
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