Recession ante Portas: Which Assets Perform Well in Recessions?
It is considered the most anticipated recession of all time – the one looming in the US. And although countless indicators ranging from the yield curve, the Leading Economic Index (LEI) and PMIs to producer prices and international trade volumes have been pointing to a recession for months, it has not yet materialized in the USA. However, the labor market, which has been more than robust up to now, is now showing the first signs of a slowdown. A labor market which, due to demographic change, is structured completely differently than it was in the 1970s. Initial jobless claims have been on an upward trend since last fall. Read more…
http://goldswitzerland.com/
Source: https://goldswitzerland.com/recession-ante-portas-which-assets-perform-well-in-recessions/
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