Company results, data, Fed to provide clues on recession risk

Sun, 18 Aug 2019

By Jenny Ruth Aug. 19 (BusinessDesk) - Domestic listed company results will dominate the news flow in New Zealand this week and investors will be paying particular attention to outlook statements to see if chief executives see any sign of recession or whether they think the economy's just going through a soft patch. The two-year US Treasury note yield rose above the yield on the 10-year bond last week. Such an inversion, if sustained, often heralds a recession and has given investors around the world a bad case of the jitters. The resu...

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