Probability of Global Recession Nearing 50 Percent: Citigroup Economists
Citigroup economists have forecast the chance of a global recession nearing 50 percent as central banks hike interest ...
Source: theepochtimes.com
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World Business Quick Take - Taipei Times
GLOBAL ECONOMY <strong>Recession risk rising</strong> The probability of the world economy succumbing to a recession is nearing 50 percent as central banks tighten monetary policy and demand for goods weakens, Citigroup Inc said yesterday. Supply shocks continue to push up inflation and drive down growth, while central banks are hiking interest rates vigorously and consumer demand for goods is softening, the economists led by Nathan Sheets said in a report. Citigroup now sees the world economy growing 3 percent this year and 2.8 percent next year. The economists said if a recession...
Source: taipeitimes.com
Probability Of Global Recession Nearing 50%: Citigroup Economists
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
PGIM taps Biden administration executive as chief global economist
Daleep Singh joined PGIM Fixed Income as chief global economist and head of global macroeconomic research.
Source: pionline.com
Why Bitcoin, Ethereum, and Dogecoin Are Down Today
Cryptocurrencies sold off this morning even as stocks rebounded from their early-morning troubles.
Source: fool.com