There is a 30% chance of US going into recession: S&P Global
The probability of US going into recession in the next 12 months is 30%, Satyam Panday, Chief US and Canada Economist at S&P Global Ratings, said. Panday said that weaknesses persist in the US economy. He identified several "yellow flags", including the labour market, consumer spending, and sentiment indicators, all of which remain below what would be considered healthy levels.