Majority of Americans Believe US in Recession, Survey Shows
New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising…
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IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing…
Survey: 98% of CEOs Preparing for US Recession — Confidence at Lowest Level Since Great Recession
The Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk…
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive…
Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year.…
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue…
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we…
Deutsche Bank Predicts Major US Recession Next Year
Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about…