With the increased risk of a global recession comes heightened business concerns. Join IDC for a special edition State of the Market Webinar and gain access to exclusive IT market coverage. Reserve your spot now: https://t.co/Zi8noPIf66 pic.twitter.com/23zLewYfAP— IDC (@IDC) July 5, 2022 … [Read more...] about Global recession scenario
Recession
CEOs Lower Growth Expectations While Facing Uncertainty and Volatility as Their Greatest Challenges
In the latest Fortune/Deloitte CEO Survey, approximately half of CEOs expect strong growth for their organizations over the next 12 months, a decline from just over five months ago NEW YORK, June 29, 2022 - Key takeaways Approximately half of CEO survey participants have "very strong" or "strong" expectations about their organization's growth over the next 12 months, down … [Read more...] about CEOs Lower Growth Expectations While Facing Uncertainty and Volatility as Their Greatest Challenges
Rates Shock Puts The Global Economy On A Slower Path, Says Report
NEW YORK, June 29, 2022 - We have cut our 2022 growth forecasts for most large economies, outlined in a report we published today, "Global Economic Outlook Q3 2022: Rates Shock Puts The Economy On A Slower Path." China has had the biggest downward revision. The country's economy will likely expand 3.3% this year, a 0.9 percentage point drop from our growth assumption in May. … [Read more...] about Rates Shock Puts The Global Economy On A Slower Path, Says Report
Probability of the world economy succumbing to a recession is nearing 50%
Citigroup economists say the probability of the world economy succumbing to a recession is nearing 50% https://t.co/FoaJhBZp1R— Bloomberg (@business) June 22, 2022 Market reports: AI will contribute $15.7 trillion to the global economy by 2030 Global assets under management (AuM) grew at 12% to more than $112 Trillion in … [Read more...] about Probability of the world economy succumbing to a recession is nearing 50%
Slow Growth but No Recession Predicted for U.S. Economy
Stopping just short of predicting a recession in the U.S. through its 2021 forecast horizon, the UCLA Anderson Forecast, in its third quarterly report of 2019, expects the national economy to slow to 0.4% in the second half of 2020, before rebounding to 2.1% in 2021. Given the slow growth rate nationally and the weakness in the housing market, the Forecast expects California's … [Read more...] about Slow Growth but No Recession Predicted for U.S. Economy