The risk of recession has increased, Standard Chartered says
Audrey Goh of the bank says there's a close to 80-90% chance of a recession in the next 12 months. This is based on the current yield curve.
Audrey Goh, a banker, says that there is a good 80-90% probability of a possible recession within the next year. She points to the drop in oil prices as well as the trade war between China and the UK.