A large number of economists forecast a recession on the horizon.
Both the recent batch of weak economic data and the ongoing trade war with China have weighed on the market, as an increasing number of economists and analysts now predicting a recession in the next two years.shows that 80% of economists—up from 60% in June—think the economy will slow further. Over half the panel cited trade policy as the biggest risk to the economy, with a 24% chance of a recession starting in mid-2020 and a 69% chance for one starting by mid-2021..
Over half of family offices expect a downturn in the next year, results showed, with 45% already shifting their portfolios to bonds and real estate as well as 42% increasing their cash reserves., on the other hand, are slightly more upbeat, with 35% forecasting a recession in the next year—although that’s up from 20% at the end of last year.A rising number of analysts are worried about the latest U.S.
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