US: Probability of a recession 6 months ahead -53%; Market pricing in almost a 60% probability of 3 (or more) additional Fed rate cuts this year –

US: Probability of a recession 6 months ahead. Activity augmented yield curve model: 53% – ⁦@SoberLook⁩ ⁦@OxfordEconomics⁩ ⁦@jemcrobie⁩ pic.twitter.com/qfIZqADUAR — Rob Hager (@Rob_Hager) August 15, 2019 Chart (@TheTerminal): Market pricing … Read more