word Economy in red with belt tightened around it

Talk has been growing that the US economy is headed for a soft landing, especially in light of the recent inflation numbers that showed the pace of rising prices was continuing to slow. However, there are many economists that are not convinced of this rosy scenario.

The World Economic Forum, meeting this week in Davos, Switzerland, called the global economic outlook “gloomy,” according to the results of the latest survey of chief economists taken in late 2022.

“Global growth prospects remain anemic, and global recession risk high,” according to its report.

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