5 years, 5 months ago
Recession may be coming a lot sooner than anyone thought (Opinion)
CNNEditor’s Note: Sven Henrich is founder and lead market strategist at NorthmanTrader. But just one day later, global stock markets sold off hard due to ever-weakening economic data in Europe and Asia and further yield curve inversions. For the 10 yield curve inversions since 1956, the S&P 500 peaked within approximately three months of the inversion six times. A sudden end to a trade war, with an attempt to save face by both sides, could certainly spark a sustained global relief rally that may end up averting or delaying a recession. But global economic data suggests a global recession may come a lot sooner than anyone anticipated.
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