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Deutsche Bank are still expecting a US recession to begin in Q4 this year
DB on their US recession call (this in summary), citing, amongst other indications:the aggressive rate hikes, curve inversions tolead to a US recession with the appropriate lag and not a soft landingjust about every leading indicator is now pointing to a US recession by the end of the yearMore:A key pointer was the 2s10s inversion back in March 2022. For us that was the final signal that the long countdown clock to the recession had begun.given how long the 2s10s has been inverted now, this...
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Posted: May 16 2023, 22:21
Author Name: forexlive
Views: 112233