‘We are worried’: Bank of America lays out the latest warning signs that a recession is approaching — and explains why the next crisis will be a lot harder to fight

• US economists at Bank of America Merrill Lynch warn there is a “heightened risk of recession.”
• They updated their recession outlook after the recent escalation of the US-China trade war and the ensuing market volatility.

Source: ‘We are worried’: Bank of America lays out the latest warning signs that a recession is approaching — and explains why the next crisis will be a lot harder to fight