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Thursday, 05 Dec 2019 01:00 pm

Recession Fears Were Sparked with a Key Indicator of a Pending Downturn

A recent report from S&P Global Ratings pegs the chance of a U.S. recession over the next 12 months from 25%-30%, versus 30-35% in August.

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The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.

Recession fears were sparked earlier this year when the yield curve inverted - a key indicator of a pending downturn.

An inverted yield curve occurs when yields on short-term bonds are higher than those on long-term bonds, a sign investors are so worried about the future that they are willing to hold long-term bonds, which are usually viewed as a safer alternative to stocks and other investments, even when the payouts are low.

While concerns have eased, an economic rebound is not expected any time soon, according to a recent Reuters poll of economists, and pockets of the economy and markets which are causing concern. Slowdowns were seen in manufacturing and private payrolls data out this week.

A recent report from S&P Global Ratings pegs the chance of a U.S. recession over the next 12 months from 25%-30%, versus 30-35% in August.

Read here

Tags Trade War China the United States Global growth Recession China

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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