It’s the question that puzzles pundits and experts alike, with billion-dollar hedge funds, mum and dad investors and everyone between having a say and a stake in the answer: is Australia heading towards a recession?
Last Wednesday, Investors witnessed the worst trading day of 2019 and perhaps the most prescient indicator of an imminent recession, so it appears that the real question is actually when and not if.
The orange line represents the S&P 500, while the Christmas coloured line is Australia’s ASX 200.
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