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A Trough In Global Manufacturing Could Lead To A Recession

Schwab Network

English - February 14, 2023 19:35 - 11 minutes - 99.1 MB - ★★★★★ - 23 ratings
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The debate over the existence of a global recession may be missing an important inflection point in the global economic cycle: a trough in global manufacturing, says Jeffrey Kleintop. He talks about how as spring nears we may see more green shoots for the global economy, but there is a downside. The downside is that they may make it less likely central banks will cut rates later this year, as the market currently expects. He then goes over how it is important to keep in mind that geopolitical risks are an ever-present part of investing. He then goes over what rising oil prices mean for the global economy. Tune in to find out more about the stock market today.