What are indicators saying?
Recessions are almost impossible to predict. Consider these three headlines:
“US could go into recession this year: Expert”
“There’s more than 60% chance of a global recession within the next 18 months, economist says”
“The bond market’s recession signal may be wrong this time”
The year from each respective headline – In order: April 2015, April 2017 and July 2018. Read