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I read somewhere that this only seems to be an indicator for the United States. For the rest of the world it has not been a predictor. Unfortunately I can’t re
by melling 7y ago
I read somewhere that this only seems to be an indicator for the United States.
For the rest of the world it has not been a predictor. Unfortunately I can’t remember where I saw the article in the past day or two.
- antupis 7y agoGerman is already entering to recession so the rest eurozone will follow very soon. https://www.theguardian.com/world/2019/aug/07/german-industrial-production-suffers-amid-us-china-tension https://www.theguardian.com/world/2019/aug/07/german-industr... Also Chinas economy is slowing down but the problem is that probably nobody knows how much.
- noitsnot 7y agoThere are a number of countries cutting interest rates to attempt to help their slowing economies. https://finance.yahoo.com/news/india-delivers-rare-35-basis-061505034.html https://finance.yahoo.com/news/india-delivers-rare-35-basis-... https://finance.yahoo.com/news/brazil-cuts-rates-6-amid-211813450.html https://finance.yahoo.com/news/brazil-cuts-rates-6-amid-2118...
- melling 7y agoWere German yields inverted 18 months ago? The inverted US yield curve is supposed to predict a US recession. It doesn’t say anything about the rest of the world.
- joncrane 7y agoI saw this also. I saw it as a post on The Economist's Instagram. I didn't read the full article.