Why A Recession Is Incredibly Improbable Now

roullette casino gamble

Photo: conorwithonen, Flickr

In the absence of any big economic data today, we suggest you go read this post by Dutch Book at Stone Street Advisors, which takes a look at some recent coincident economic indicators, and how they look now compared to past recessions.The basic gist: Whether it’s the PMI, consumer credit, or initial claims, none of the key data points look anything like they historically do on the eve of recession.

You can exhale.

Read the full post here >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.