August 12, 2019 Sophia Vida

Bank of America Says Chances of Recession in the Next 12 Months is This High

Based on recent data, Bank of America has raised the chance of a recession to 1-in-3 in the next 12 months. This means there is over a 30% chance of a recession in the next year. The banks global economist Michelle Meyer has said that the “bright spot” of the economy is that initial jobless … Continue reading “Bank of America Says Chances of Recession in the Next 12 Months is This High”