Yield curve in inversions in Canada widened in response to Trump's impositions of Tariffs on Mexico.
A global recession now seems baked in the cake.
The definition is a bit obscure, however.
Some define a global recession as global growth less than 3.0%. Some say less than 2.5%. And some say it's growth under 2.0%.
I suspect it is irrelevant which definition one uses.
Economic Madness
Global recession talk picked up as Trump Imposes Tariffs on Mexico Over Immigration.
Mexico is the US' third largest trading partner.
These tariffs are madness.
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