“I think the observation so far is that there’s a lot of talk, a lot of posturing, probably a lot less action, so it’s been good. Obviously, as any sensible person would say, a trade war would not be good for the global economy,” Sheahan told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.
On a potential economic recession, Sheahan said that there are several indicators investors should look at to gauge such a potential. “When the yield curve gets down to about 0.5 difference.
It’s not there yet, it is coming down that way, so I think next year we’ll have a look at it again,” he said.
- Source, Kitco News
