2023, Time For A Recession?
Even though this recession may be one of the most expected in history, it could still be painful.
Related reading
Do Stocks Drive The Economy?
The recent stock market correction is more than just a reaction to economic uncertainties—it could actively contribute to an economic slowdown.
A Soft Landing May Be Possible
The U.S. economy is on the verge of achieving what many economists deemed unlikely or impossible: a return to pre-pandemic levels of inflation without triggering a recession or significant economic downturn—a phenomenon known as a "soft landing."
The Mystery of the U.S. Economy
Dana Peterson, the chief economist at the Conference Board, believes that the sharp decline of the U.S. business group's Leading Economic Index indicates that a recession will soon take hold in the United States.
A Shallow Recession?
The International Monetary Fund has even increased their prediction for global growth in 2023, and the once inevitable European recession is now not seen as such a big concern.