Though some financial market indicators are consistent with past recession trends, current conditions are overall similar to those in 2011-12, and risk indicators at current levels are not bound to lead to recession, believe economists at Oxford Economics. Adam Slater, senior economist at Oxford Economics, said in his Feb. 1 research report titled “World recession risk-amber alert?” that he anticipates that with a 2.3% increase on the year in Q4, the world's GDP clocked the slowest pace of growth since Q2 2013.
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G7 on the brink of technical recession
Slater tries to address the growing concerns of the world falling into a recession through a range of real economy and financial market indicators and comparing the current situation to historical episodes. Starting...
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