10/18/22

Permalink US Recession Forecast Hits 100% – Bloomberg

An economic downturn is near certain within the next 12 months, a model built by economists shows | The US economy is 100% certain to enter a recession in the next 12 months, according to an economic model devised by two Bloomberg economists and run based on 13 unspecified financial indicators on Monday. What’s even worse is that the apparently inevitable downturn might come even sooner than that – the model returned a 73% chance it would hit within 11 months and a 25% chance it would arrive within ten.

US warned of winter blackouts – WSJ (RT.con)

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