"The US economy seems to be transitioning into a stagnation phase after a brief period of goldilocks on a sugar high of fiscal stimulus.
We advise investors to prepare for recession," it said.
Wall Street stocks and global bourses may keep climbing for a few more months before peaking in July.
...
It would also be a shattering blow to the eurozone, where Italy is already in recession
and Germany has stalled.
The European Central Bank's key interest rate is minus 0.4pc.
We advise investors to prepare for recession," it said.
Wall Street stocks and global bourses may keep climbing for a few more months before peaking in July.
...
It would also be a shattering blow to the eurozone, where Italy is already in recession
and Germany has stalled.
The European Central Bank's key interest rate is minus 0.4pc.
Comment