The global economy may have narrowly avoided a recession, with most industrial a...
LONDON - The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.
Since then, however, most equity and bond market indicators as well as industrial production surveys have shown the slowdown has eased . The curve normally inverts before a sharp slowdown and then often starts to normalize shortly before the onset of a recession as the Federal Reserve cuts short-term rates.
But the rolling three-month average improved in September and October for the first time since the start of the year, suggesting that recessionary forces were easing.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Roman Kemp says his family ‘p****ed themselves laughing’ about I'm A Celeb stintDad Martin, 58, mum Shirlie Holliman, 57, and sister Harley, 30, couldn't wait to tune in to watch Roman on the show
Read more »
Mars' plan to fix a 'broken' global supply chain with $1 billion - Business InsiderMars CEO says the global supply chain is 'broken.' Now, the $35 billion food industry giant is investing $1 billion to fix it.
Read more »
Panorama Global Announces ‘Desaparecer del todo,’ ‘Moonwalker (EXCLUSIVE)Headed by Alberto Müffelmann and Gerardo Gatica, Mexican indie production house Panorama Global has boarded Luis Javier Henaine’s feature “Desaparecer del todo,” a Moonlight Pictures production co-…
Read more »
UK lawmaker to cast blame on global banks in South Africa Zuma corruptionBritish lawmaker Peter Hain will tell an inquiry on Monday that corruption under...
Read more »
Morgan Stanley says global growth should recover in 2020 as trade tensions and monetary policy easeThe bank forecasts global economic growth of 3.2% next year, compared to 3% in 2019.
Read more »
As Global Supply Chains Tighten, Spotlight Shifts To Strategic SourcingBy Russ Banham Many businesses expected that trade squabbles between the United States and China would quickly subside given the value of the partnership between the world’s two biggest economies.
Read more »