Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg
Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

A recession is looming, easy money is ending and the yuan is falling – get set for 2019, the year of living dangerously

  • David Brown says that with indicators turning negative and austerity the norm, investors may be well-advised to liquidate and remember that cash is king

Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg
Traders work on the floor of the New York Stock Exchange on December 7. Photo: Bloomberg
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.