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Eighty percent of fund managers said they see the trade war triggering a global recession as the biggest tail risk to markets, according to a survey conducted by Bank of America in April.
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Global recession: Its impact and implications on your pocketsA global recession is a significant and widespread slowdown in economic activity across the world. It is characterized by a decline in the real Gross Domestic Product (GDP), reduced trade ...
A global recession is more likely than not to happen this year, following the Trump administration's tariff broadside. That's the opinion of JPMorgan analysts, who raised their forecast to 60% ...
Global commodity prices are getting hammered, as trade war tensions once more fester between the world's two largest economies — and recession signals are flashing red. The S&P GSCI index ...
Asked about the risk of a global recession this year, 60% - 101 of 167 - said it was high or very high. Sixty-six said it was low, including four who said very low. "It's a very difficult ...
JPM raises recession odds from its previous estimate of 40% S&P Global, Goldman also hike US recession probability Barclays, BofA, Deutsche Bank warn of higher recession risks RBC, UBS cut S&P 500 ...
In the last week, J.P. Morgan raised its forecast of the global economy entering a recession by year end from 40% to 60%. While Trump’s stated goal for his so-called “reciprocal” tariffs is ...
However, the US could ultimately outperform other markets if tariffs trigger a global recession. "We are maintaining our Stay Home (versus Go Global) bias," Ed Yardeni said. The world is on edge ...
Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where he specialised in global and regional business ... may be "pushing the economy into recession." "We can talk ourselves ...
The global banking backstop also sees sharply lower GDP growth in the US, dropping its forecast from 2.7% to 1.8%. As for U.S. recession risk, it raised its odds from 25% to 40%. The latest GDP ...
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