Saturday , October 19 2019
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Why my base case for 2020 is recession

Summary:
Back at the end of July, I was talking about my macro thesis. And I led off writing this:The US is the laggard in this slowing but is affected as well. From a markets perspective, that means a convergence to zero, with yield curves flattening as nominal growth rates contract. I didn’t mention the ...

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Back at the end of July, I was talking about my macro thesis. And I led off writing this:
The US is the laggard in this slowing but is affected as well. From a markets perspective, that means a convergence to zero, with yield curves flattening as nominal growth rates contract.

I didn’t mention the ...

Edward Harrison
I am a former European credit markets and M&A guy who started out as a diplomat. — so I have some pretty diverse interests.

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