BNP Paribas WM: Recession risks grow but are still low

13 December 2018 | 1 minute read

BNP Paribas Wealth Management believes that although the US economy will likely slow in 2019, the risk of recession remains low as both manufacturing and non-manufacturing data are generally benign. “We believe there’s a rising probability of a recession, but it’s certainly not the base case for 2019,” the bank said. Additionally, the bank said the yield curve is a…

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