BBVA Research Releases U.S. Recession Risk Monitor
Tuesday, December 17th, 2019
BBVA Research released its U.S. Recession Risk Monitor, noting that the probability of a recession within the coming 12 months is at a one-year low, with the likelihood at 30 percent.
The report notes that the Fed's mid-cycle easing should help prolong the current expansion and includes a number of comparative evaluations including financial markets, consumer households, loans, bonds and real estate.
According to Nathaniel Karp, BBVA USA chief economist and the report's co-author, key concerns remain trade frictions, market liquidity and equity price correction. Despite industrial recession in advanced economics, the global system risks are muted.