by Craig Wilson
Daily Reckoning
September could prove to be a catalyst for a major market shock. The trigger signs are there and the economic climate is ripe for a major shake up.
As early as April 2016 GOP presidential candidate Donald Trump was belting out that the country is headed for “a very massive recession.”
While Trump is known for the extremes, even some bankers are keeping a nervous eye on the possibility of a recession in the future. Deutsche Bank officials point toward a yield curve that identifies a 60% chance of recession in the coming months. Even a Wall Street Journal survey of economists put the probability at 21% (double from last year).