Macro: what chance a recession?

As the economic numbers decline, resources stocks get smashed and the budget deficit increases, John Addis asks whether a recession looms.

Between 1982 and 2008, The Netherlands experienced 103 quarters between recessions. Australia is on the verge of breaking that record. Despite one negative quarter of economic growth at the time of the GFC, Australia hasn’t had a recession since the second quarter of 1991 (technically, a recession is two consecutive quarters of negative economic growth). Despite a rather weak recent figure, 97 quarters have elapsed since the ’91 recession. One more year would do it.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles