Recession

Will converge with European and Japanese 10-year yields

Managers of the £385m Ruffer IT

'Shocking slump' into outright deflation

Latest ONS figures

Inevitable recession will wreak 'havoc'

Key indicators flashing red

Housing remains one of the brighter spots for the US economy. After enduring four years of depression, the housing industry began to recover in 2012 and now seems more like a tailwind than a headwind.

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.