You are here

Why a recession is still some way off

We appear a fair way from the peak in the investment cycle, and signs of excess have yet to appear.

THE period since the Global Financial Crisis (GFC) has seemed unusual in the sense that periodic crises and post-GFC caution have prevented the global economy from overheating and excesses building, in turn preventing the return of the conventional economic cycle. Many, of course, concluded this...

Market voices on: