CHRISTOPHER CERVANTES, RFP
LAST December 3, The Dow tumbled by more than 280 points following United States President Donald Trump’s statement that the trade deal with China may be delayed until after the 2020 elections. On that same day, the Philippine Stock Exchange index slipped by more than 20 points. Despite our growing economy, many investors fear a recession could come by next year. Recessions don’t just come out of nowhere. And we don’t know if, or when, a recession will hit the Philippines. Even its severity, there is no way to predict the extent of the damage accurately. One metric to examine is the previous and recent recessions, which have ranged from six months and a year and a half.