2 notorious recession signals are descending into the danger zone, and they have some Wall Street strategists convinced that a meltdown is fast approaching
|02/09/2019||Posted by BusinessMediaguide.Com under General World News||
- Wall Street should be braced for an economic recession that arrives sooner than is currently expected, according to strategists at Societe Generale.
- Their concern is driven by the data they’re tracking on credit conditions, as well as a proprietary index that has led previous contractions.
Strategists at Societe Generale suspect the next recession will arrive sooner than everyone thinks.
In fact, they’re so perplexed by the data they’re seeing that they say it’s time to rethink how Wall Street forecasts recessions.
“As the current cycle has been unusually long, investors seem to take it for granted that there can always be another read more >>>