Economics
Trump Win Pushes Recession Back Five Months, Says Deutsche Bank
Say hello to more economic growth.
Erik Nielsen: Will Trump Destroy Good Global Economy?
This article is for subscribers only.
The current economic expansion isn’t even close to being over.
According to Deutsche Bank AG Chief International Economist Torsten Slok, at least one important barometer shows the election of Donald Trump pushed the odds of a recession back an additional five months, to more than two years from now. Interest rates should continue to climb while expansion continues—though once things cool off, that’s when the market would expect the Fed to start loosening policy again.