57% Chance Of A Recession In The Next Year

<p>"The New York Fed publishes an implied probability of a recession that is based on the interest rate curve. As of today, that chance is 57% in the next 12 months, and this is higher to any point prior to 2008. Another indicator is an inverted yield curve. However, I am encouraged that global leaders are stepping up to manage the situation," says Matthew Peterson.</p>