SocGen Identifies 3 Key Indicators of Approaching U.S. Recession

24.06.06 News

Société Générale warns that the U.S. economy is nearing a recession, citing three key signs observed in the past week: reduced economic growth expectations, slowed manufacturing activity, and declining inflation measures. Despite some optimism for a soft landing, the bank’s chief global strategist, Albert Edwards, highlights these red flags as indicators of an impending downturn.

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