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Deutsche Bank - Trump Delays Recession 5 Months


Dr.Sack

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This is very important for equity, rates, and Forex investors because it shows that the next U.S. recession is more than two years away, and the chart [below] also shows that the election of President Trump delayed the next recession by five months, Slok wrote. This all points to a continued U.S. expansion, which means higher equities, higher rates, and a higher dollar.

 

 

The current market expectation is that the Fed will be back at zero interest rates in 27 months, Slok wrote. In April 2016 the expectation was that we would get a recession within 11 months.

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