Research firm warns Ned Davis warnes, there is 98% chances of global recession

High inflation, regular fed rate hike, and Ukraine Russia are main reason

In a Survey by World Economic Forum, out of seven economist from 10, consider a global recession.

Rising prices could trigger social unrest in low-income countries, compared to a 20% expectation in high-income economies

US Stock Market industrial average Dow Jones first time sinking into bear market after march 2020.

In Alpha Investor Summit on Wednesday, billionaire investor Stanley Druckenmiller said, I will be surprised, if don’t have recession in 2023.

Federal Reserve officials confirmed a growing risk of a downturn

In the report ahead, US jobs market data is strong, consumer continue spending money and corporate profits are sturdy.