Global Recession is the Smaller Problem

Global Recession is the Smaller Problem

Written by: PaxForex analytics dept - Thursday, 21 November 2019 0 comments

Investors and traders around the globe have feared a global recession and plenty of indicators suggest that we may be in the process of entering on. The manufacturing sector is already in a recession and while the services sector manages to expand, the growth rate is slowing down and some indicators are at lows last seen before the Great Recession following the financial crisis of 2008. The US-China trade war and a host of other global trade conflicts have sowed more uncertainty and economic reports suggest a weaker economy than most have accounted for.