Recession Predictor Jumps, Another Crypto Slump Around The Corner?

Recession Predictor Jumps, Another Crypto Slump Around The Corner?


CoinGape
2022-07-06 08:31:29

Bloomberg’s Recessions Probability Model predicts a 38% percent chance of US recession in the next year. The model, which factors in data points like housing permits and consumer survey data, shows that the risk of a self-fulfilling recession within the next 12 months is higher than at any time during this year. Meanwhile, Coinbase research The post Recession Predictor Jumps, Another Crypto Slump Around The Corner? appeared first on CoinGape.