The report highlighted an increased risk of recession in Europe, which the IMF estimates at a 38 % probability (double that of April), as well as a 24 % chance of a Japanese recession. (fool.com)
Such a paradigm would be more credible, more likely to result in the Fed's satisfying its dual mandate, reduce risks of recession, and increase the economy's resilience when recession comes. (larrysummers.com)
A Growing Risk of Recession John P. Hussman, Ph.D.. (hussmanfunds.com)