Majority of investors predict US recession by end of 2024

A recent survey conducted by Bloomberg indicated that most investors anticipate that the US economy will slip into a recession by the end of 2024.

The survey was conducted from July 31 to Aug 4 and involved 410 investors. Two-thirds of investors believe that the US economy will experience a recession by the end of next year, while about 20 percent of pollees see a slump in 2023.