Is Chimerica about to “buckle”?

Thursday 4 May 2017

I generally take Ambrose Evans-Pritchard with a grain of salt but this can’t be ignored:

Global recession risk rises as the US and China tighten into the storm

Equity investors across the world are positioned for the nirvana of synchronised and accelerating global expansion led by China and the US.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.