Is there about to be a recession?

Investors are losing confidence in the global economy amid the ongoing US-China trade war and the stuttering performance of key economies

NEW YORK, NEW YORK - AUGUST 14: A board displays the closing numbers on the floor of the New York Stock Exchange (NYSE) on August 14, 2019 in New York City. Following news of an economic slow
(Image credit: 2019 Getty Images)

Markets shuddered yesterday as dire economic data emerged from Germany and China, and bond markets flashed an ominous warning.

Fears of a global economic slowdown are proliferating. Yesterday in UK and US bond markets, for the first time since the prelude to the devastating 2008 global financial crash, it became cheaper for governments to hold long-term rather than short-term debt.

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William Gritten

William Gritten is a London-born, New York-based strategist and writer focusing on politics and international affairs.