Recession watch: what are the signals saying?

Recession fears repriced currencies repeatedly in recent years, and the signals — yield curves, PMIs, labour data — are watched obsessively. The debate is always whether the signal is real this time.

Recession watch: what are the signals saying? — moving average crossover diagram
A fast moving average crossing a slower one

Post your read:

  • the recession indicators you trust
  • what they're saying now
  • how you'd position if the call flips
Recession watch: what are the signals saying? — risk-reward diagram
A risk-reward ratio of 1 to 2

Background: PMI explained and bond yields.

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