Money

2024 economic slowdown fuels 50% recession prediction

Published

10 months ago

December 5, 2023

ticker NEWS

Economists around the globe are closely monitoring the world’s economic landscape as 2024 ushers in a period of stark economic deceleration.

Amid these challenging times, a growing consensus among experts suggests that the odds of a recession have reached a concerning 50%. This unsettling forecast is sending ripples through financial markets and policy circles, as governments and businesses brace for potential turbulence ahead.

The economic slowdown, attributed to a combination of factors such as supply chain disruptions, rising inflation, and geopolitical tensions, has cast a shadow of uncertainty over global markets. As businesses struggle to adapt to these new challenges, consumer confidence is waning, leading to decreased spending and investment. With central banks and policymakers grappling with limited tools to combat these headwinds, the road ahead appears increasingly treacherous.

In the wake of this sobering prediction, investors are reevaluating their portfolios and risk management strategies, while governments are exploring potential stimulus measures to shore up their economies. The 50% recession probability is not only a cause for concern in developed economies but also poses significant risks for emerging markets already grappling with their own set of challenges.

Leaders

U.S. Federal Reserve announce rate cut, show great confidence in economy

Published

2 hours ago

September 19, 2024

ticker NEWS

The Federal Reserve has delivered a big rate cut to boost the economy while inflation slows.

The central bank slashed interest rates by a half percentage point, hoping to protect the job market while inflation inches closer to its 2% goal.

Fed Chair Jerome Powell says the decision reflects growing confidence in balancing the economy’s growth with low inflation. #featured #trending

Money

Markets brace for potential 50-point fed rate cut

Published

2 days ago

September 17, 2024

ticker NEWS

Markets are anticipating a significant 50-point rate cut from the US Federal Reserve this week, leading to heightened focus on bond markets and key economic reports.

Financial markets are focused on a potential 50-point rate cut by the US Federal Reserve, as investors anticipate major shifts in economic policy.

The bond markets, already pricing in a borderline hard landing, reflect the expectation of a significant easing cycle over the next two years.

However, experts caution that the Fed could disappoint, as the current economic conditions differ from previous events such as the pandemic or credit crises. #featured #trending

Money

Bitcoin’s Q4 outlook: key factors and upcoming milestones

Published

3 days ago

September 16, 2024

ticker NEWS

Insights into market trends and critical events shaping Bitcoin’s performance

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, Caroline speaks with Matt Willemsen, Head of Research & Content at Collective Shift, about what could drive Bitcoin’s strong performance in Q4. They explore how the current market differs from past cycles, the ongoing Solana vs. Ethereum debate, and the role of project-specific conferences in market trends. Matt previews key Q4 events, including the Solana Breakpoint conference and upcoming altcoin milestones like Uniswap v4 and Polygon 2.0. #crypto corner