Recession

Recessions are unpleasant, but they are a part of the normal economic cycle and have an important role to play to ensure competitiveness and productivity remain strong, says Hector Kilpatrick, chief investment officer of Cornelian Asset Management.

Previously issued similar warning about China

William Ball, senior equity analyst at Sanlam Private Wealth, discusses the advantage of underappreciated companies during times of market uncertainty.

Monetary tools available

Last September, we estimated the chances of a US recession occurring in 2016 as one in three. This prediction was less bold than it sounds since recessions have occurred, on average, about once every five years in US history.

Stronger growth in industrialised economies

Said likelihood of recession is around 25%

Equities already entered a bear market

55% chance of global recession

Hedge fund manager Crispin Odey has warned major economies are entering a recession that will be "remembered in a hundred years".