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Global Recession Around the Corner?

Summary:
This is a speculative article. If I could get it right every time I would be more than comfortably well off.  However, there are some really worrying events in the pipeline.Global industrial production is continuing to fall:CPB World Trade MonitorThe Baltic Dry Index (shipping movements) has fallen off a cliff, this is really disturbing and often presages serious trouble: The Chinese have just admitted that Covid virus spread is probably out of control: The German economy is in deep trouble:Bloomberg The EU is in trouble:EurostatDo I need to go any further?  The good news is that I can be wrong, the global economy, like the planets, sometimes has events that line up together but they fail to predict disaster or plenty.There is clearly a global slowdown, the only questions are "how deep

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This is a speculative article. If I could get it right every time I would be more than comfortably well off.  However, there are some really worrying events in the pipeline.

Global industrial production is continuing to fall:

Global Recession Around the Corner?
CPB World Trade Monitor

The Baltic Dry Index (shipping movements) has fallen off a cliff, this is really disturbing and often presages serious trouble:

Global Recession Around the Corner?
The Chinese have just admitted that Covid virus spread is probably out of control:

Global Recession Around the Corner?
The German economy is in deep trouble:

Global Recession Around the Corner?
Bloomberg
The EU is in trouble:

Global Recession Around the Corner?
Eurostat

Do I need to go any further?  The good news is that I can be wrong, the global economy, like the planets, sometimes has events that line up together but they fail to predict disaster or plenty.

There is clearly a global slowdown, the only questions are "how deep and how long?". The covid virus outbreak has come at a bad time so all bets are off.

13/2/2020

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