Global Macro Service > Research Briefings > Global

Q3 or not Q3. Is that the recession?

Markets have certainly begun to take a rather more pessimistic view on the global growth outlook. Indeed, at face value, the near inversion of the US yield curve and the Q3 contractions in five advanced economies, which include externally-sensitive Japan, Germany, Sweden and Switzerland, are a worry. But we think that fears that the global expansion is on its last legs are overdone.

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below