Look, Ma... It's (Not) Working: IMF And The R-Word

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Includes: ACWI, DGT, FIGY, GLQ, HACW, IEIL, RGRO, RWV, VT, WBIL
by: Constantin Gurdgiev

A handy chart from the IMF highlighting changes over the last 12 months in forecast probability of recession 12-month forward across the global economy

Click to enlarge

Yes, things are getting boomier... as every major region, save Asia and ROW are experiencing higher probability of recession today than in both October 2015 and April 2015, and as probability of a recession in 2016 is now above 30 percent for the Euro area and above 40 percent for Japan.

In that 'repaired' world of Central Banks' activism (described here: IMF (RIP) Growth Update: Risks Realism, Policy Idiocy) we can only dream of more assets purchases and more government debt monetizing, and more public investment on things we all can't live without...

Because, look, it's working: