Economics
Unlike in 1986, the U.S. Might Not Dodge a Recession: Deutsche Bank
The U.S. economy is on a weaker footing.
Gamco's Ward: Company Profit Margins Are Being Squeezed
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Falling corporate margins, weakness in the U.S. labor market and rising corporate default rates — all features of the U.S. economy in 1986, a year it avoided a recession.
Even if this year markets are largely shrugging off the deterioration in those key indicators and betting grim readings are down to temporary forces, Deutsche Bank AG strategists say to take little hope from a 30-year old precedent.