Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?
Get an early handle on the potential for a major recession, consider the potential impacts on you, your career, your organization and respond sufficiently ahead of any expected economic downturn.
Source: Shaping Tomorrow’s AI Robot, Athena.
Forecast: The Fed will tighten too much and tip that curve into recession territory sometime next year.
Trend: Economic, Political
Sector: Financial
Insight and Source: Economist who helped discover predictive powers of bond market says there’s no sign of recession right now Ron Insana | @rinsana
Forecast: Developed countries are badly equipped for another recession, both economically and politically, and central banks should be wary of raising interest rates just to control inflation.
Trend: Economic, Political
Sector: Financial
Insight and Source: Summers Warns the Biggest Economies Are Not Prepared for Another Recession Christopher Condon , Joao Lima , and Paul Jackson
Forecast: Many economists now expect a mild recession in the U.S. by 2020 at the latest.
Trend: Economic, Political
Sector: Financial
Insight and Source: IDC Forecasts Worldwide IT and Telecom Spending to Slow After Last Year’s Rebound; Economic Risks Have Increased
Related Forecasts:
- “The U.S. central bank forecast one or two more hikes for 2018.
- Assuming no additional stimulus in 2020, the fading of the U.S. fiscal sugar-rush after 2018-2019 could lead to withdrawal symptoms that could exacerbate a cyclical slowdown.
- The U.S. could target an additional $200 billion in Chinese goods, followed by another $300 billion – bringing duties on a total of $550 billion Chinese products, which is more than the $506 billion the U.S. imported from China in 2017
- In the US, headline inflation is projected by the IMF to increase to 2.5% from 2.1%.
- The IEA predicts the U.S. will add 1.7 million barrels per day in 2018, followed by another 1.2 mb/d in 2019.
- Being well overdue for a recession in the US, the unbridled optimism of global investors will eventually end, once they consider the plethora of rising risks.
- Achieving policy objectives will become more challenging from 2020 amid a technical recession in the US and a faster deceleration in Chinese economic growth rates.
- In the next three years, a rising amount of bonds maturing within one year entails rollover risk if financial conditions tighten abruptly.
- A recession in the US will cause economic growth in Canada to slow to a little above 1% in 2020.
- The risk of a recession really picks up after a year, or sometime in 2020 because that is when you start to see the fiscal stimulus start to fade.
- One change from recent years is that corporate car rental prices in North America are expected to rise by as much as 5 percent in 2018 due to operator issues.
- The US stock market is on the brink of an imminent crash that could trigger another global recession.
- Borrowing costs climb to a four-year high just as investors begin to anticipate a downturn in the global economy.
- US rate hikes risk triggering a recession in 2019 or 2020 by putting the brakes on growth.
- With unemployment at 4.1%, inflation fears are rising: Typically, the Federal Reserve starts to increase interest rates to slow the economy and push inflation back into its lair – but in doing so, the Fed raises the risk of recession and pushing down already lofty stock markets.”
Steps:
6) Anticipate changing circumstances and economic cycles.
7) Persist and pivot to navigate external threats and opportunities.
17) Sketch out your trajectory in 5-year timeframes. Will we fall into another recession? Absolutely. Will you be ready this time with future-proofed strategies?