Will China’s coronavirus outbreak send the world economy into a recession? As cases spread across Asia and in Europe, only some of the multiple indicators investors use to monitor recession signals are flashing red, implying the frail global economy may not necessarily be heading towards a contraction. It is too early to be sure, however. The outbreak is still continuing to spread and key data points for February are still unavailable. What’s more, forecasting global recessions is tricky because most countries can’t match U.S. data for its breadth. It’s also rare for the world economy to actually shrink – prior to 2008-2009, that happened only in 1990-1991. But taking into account population growth and poor countries’ need for faster expansion […]