Daily: Another global recession “becoming a genuine possibility”

The first article here highlights the tenor of recent economic data. The global economy continues to slow, with the US doing relatively better than Europe in the wake of the financial crisis that began five years ago. Nevertheless, slowing is clear in the data throughout the developed economies and emerging markets, leading Gerard Lyons to ask whether we are in for a second global recession.
In my view, only a recession in the US could make that outcome likely. That means that US growth is vita...


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