The percentage of 41 OECD countries around the globe that have just posted a negative 1Q2016 on the back of a negative 4Q2015 (old fashion technical recession) has started to rise. Its nothing to be concerned about just yet but the rise itself, although shallow, is something worth watching as 2Q2016 numbers start coming out.
Number of countries with back-to-back negative quarterly GDP prints is rising
By RecessionALERT on July 1, 2016 in Reflections
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