The severity of the collapse in markets late last year was quite surprising, given that global gross domestic product continued to grow very close to trend in the fourth quarter. Many global markets, including the major risk assets, the yield curve and credit spreads, are now pricing a probability of recession of at least 50 per cent within 12 months.
考虑到manbetx app苹果 国内生产总值(GDP)在第四季度继续以非常接近趋势水平的速度增长，去年末市场崩盘的严重程度相当令人吃惊。manbetx app苹果 许多市场——包括主要风险资产、收益率曲线和信贷息差——当前的定价隐含的假设是，未来12个月内发生manbetx20客户端下载 衰退的可能性至少为50%。
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