Barclays warns of strong possibility of a US recession this year

Barclays is warning that current economic signals are pointing towards serious challenges ahead for the US economy. Adding that all of this makes the risk of a downturn much more likely in the coming months. As such, they are expecting US GDP growth for this year to slow to 0.1% on a quarter-on-quarter basis.

This article was written by Justin Low at www.forexlive.com.