Page content
UBS: Recession probability in the U.S. is 93% — a “historically worrying level”
UBS warns the recession risk in the U.S. has reached 93%. However, instead of a collapse, analysts predict a “soft landing.” . Cooling on the labor market, building permits drop, shrinking GDP, and consumer spending amidst the tariff policy uncertainty contribute to the high probability of recession. That’s what various experts have been saying for months. [...]