A US recession is not imminent
The team at Credit Suisse follow seven indicators to give them a read on the likelihood of a recession in the United States. Right now, only one of the seven indicators is flashing red and that is the inverted yield curve. Stephen Cabot, Investment Director at Credit Suisse, provides an explanation on each indicator shares the current reading on each.
“We have a firm view that they’re not having a recession any time soon in the United States.”
He also presents three developments in the macro economic environment that he believes will continue to support equity markets.
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