Terrifying new indicator that America is heading for a recession
The probability of the US entering a recession within the next 12 months has climbed to 43%, according to a new survey from Deutsche Bank. The figure comes from the average view of 400 people who were surveyed earlier this month and reflects a growing sense of unease among investors, economists, and business leaders. While key economic indicators such as low unemployment and stable consumer spending suggest that the US economy remains resilient, consumer sentiment data now suggests expectations are rising of a potential downturn.
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