Quote:
Originally Posted by Undertoad
...as compared to the US during that same time frame
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Things that Trump is doing to successfully create a recession will not be observed in the economy for many years. How many years did it take the George Jr tax cuts and other economic mismanagement to finally recreate the 2007 recession?
Same is happening in the UK. Brexit will not be economically destructive for many years. But currency traders are speculating on how severe that Brexit damage will be. It will create an economic recession. No doubt about that. The only question is how severe. I am surprised that currency traders already see things that bad this much in advance.