US Recession Overviews, April 2020 - US ECONOMIC DATA TURNING DOWN
US Recession Watch, April 2020 - Recession Odds Artificially Low US RECESSION WATCH OVERVIEW: Recession odds are rising once again, no surprise due to recent jobless claims data around the coronavirus pandemic. T he 3m10s spread is currently 54.5-bps; on the last day of November it was 22.1-bps. But recession odds may be artificially low: there is an 18% chance of a chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator . As US recession odds fade, traders have pushed back the timing of the next Fed rate cut to July 2020. DM For more Live Signals with fluctuate market situation and Impact: https://bit.ly/2QI6gO8 US RECESSION FEARS RISING RAPIDLY, IN A SENSE It’s been several months since our last update on US recession odds, in part due to the fact that this strategist was on paternity leave for the birth of his first child. But now that I’m back at the desk fulltime, a high-lev...
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