3 Possible Black Swans Will Likely Trigger a Global Recession by 2018
BY JOHN MAULDIN Exactly 10 years ago, we were months way from a world-shaking financial crisis. By late 2006, we had an inverted yield curve steep to be a high-probability indicator of recession. I estimated at that time that the losses would be $400 billion at a minimum. Yet, most of my readers and fellow analysts told me I … Read more