THE US economy has entered its 11th year of uninterrupted expansion, breaking the previous record for the longest period of growth in American history without a recession. But far from celebrating...
THE past week has seen a renewed intensification of concerns about global growth. Bond yields have plunged and associated growth worries have weighed on share markets. This analysis looks at the...
[SYDNEY] Yields on benchmark US 10-year treasury notes fell further below three-month rates in Asia on Monday, an inversion that has in the past signalled the risk of economic recession.
THE BOTTOM LINE
IT is difficult to forecast when the next global economic recession will happen. It is much easier to predict its severity.
SINCE 1980 the yield curve has accurately predicted the last five US recessions. After nearly a decade of economic expansion, is it telling us that another one is on its way in 2019?