There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.
I thought Q1 already was pretty sure to be negative? So if Q2 is too that’s technically a recession.
Anyways it seems to me that’s the direction the arrows are pointing.Trump is causing so much disruption, that there’s no way it doesn’t put a heavy damper on investments. Investors hate uncertainty above all. And lack of investments cause recessions, so I would have thought the likelihood was higher.
I thought Q1 already was pretty sure to be negative? So if Q2 is too that’s technically a recession.
Anyways it seems to me that’s the direction the arrows are pointing.Trump is causing so much disruption, that there’s no way it doesn’t put a heavy damper on investments. Investors hate uncertainty above all. And lack of investments cause recessions, so I would have thought the likelihood was higher.