Recession Ahead? Resolving Economic 'Trifurcation'

Uncertainty and pessimism have dominated the economic and business news in recent months. At face value the mood seems justified as many negative factors (China's financial gyrations, volatility in oil prices, weaker growth in the U.S, and new clouts over Europe's banks and debts) are colluding. Talk about an imminent recession is intensifying, and recession risk probabilities are creeping up – although still low.