Several major banks are predicting a recession in the US in the first half of 2024. In Europe, a recession is almost certain.
Why is this important?The US economy and, to a lesser extent, the European region in 2023 will surprise many analysts. However, they do not rule out a recession in 2024, quite the contrary. The good news for markets is that a slowdown means central banks will cut interest rates more quickly.
In the message: Europe and America are at risk of entering recession.
- Dark clouds hang over the Eurozone. Three weeks ago, the ECB predicted there would be no recession this year, but analysts are no longer so sure. For example, European GDP grew by only 0.6 percent last year. There may already be (technical) recession.
- Anyway, point PMI indices For the eurozone published yesterday in e
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