-
Posted by
Two Blokes Apr 24 -
Filed in
General
-
#TwoBlokesTrading
-
2 views
Recent developments have reinforced our conviction that the U.S. economy is hurtling towards a recession, if not already in one. Although the current pullback in the S&P 500 vindicates our bearish call in March for an imminent 10%–15% correction, we note that the economic outlook has deteriorated even further since then.
