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Economy
Black Friday shopping at a mall.
NDR said the global economy isn't yet facing a downturn.

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  • Ned Davis Research said economic indicators suggest the odds of a global downturn are diminishing.
  • Growth signals are accelerating in 2024, and Red Sea supply chain snags have had minimal impact.
  • "The global economic lull we saw in the second half of 2023 appears to be abating."

What recession? 

Wall Street has broadly ramped up its soft-landing calls to start the year, and Ned Davis Research strategists seem to agree that a downturn is looking unlikely.

Tags
economy, Markets, economy, Markets, Manufacturing, PMI, economic-growth, Recession, recession-outlook, federal-reserve, supply-chain, red-sea, Inflation, economic-data, Equities, Stocks
Source
The odds of a global recession keep going down