Eddie Hobbs: Is a recession looming - that's the multi billion dollar question?

No one knows if we are facing into another recession but but if you haven’t looked at the positioning of your own financial products, now is probably a good time to do so, suggests economist Eddie Hobbs.

Investors in sovereign credit are worried that a recession is looming over the horizon. This is why the bond market throughout the world is flashing red, long term rates fell below short term, inverting the normal upward slope of the bond curve.