It’s official: Australian recession imminent - MacroBusiness

When somebody “proper” says it, it must be true. It is all coming sooner than Nomura says but at least it is finally saying it. I might add that Nomura also sees a global recession commencing this year and particularly large busts across DMs. As for how bad i…

When somebody “proper” says it, it must be true. It is all coming sooner than Nomura says but at least it is finally saying it. I might add that Nomura also sees a global recession commencing this y… [+9081 chars]

full article...