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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngEconomic Decline – DIGIT INFO
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3232US Share of World Economy Projected to Reach Historic Low
https://www.digit.info/us-share-of-world-economy-projected-to-reach-historic-low/
Sun, 13 Oct 2024 03:16:26 +0000https://www.digit.info/us-share-of-world-economy-projected-to-reach-historic-low/Read more]]>The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]
]]>Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
https://www.digit.info/polymarket-bets-10-on-2024-us-recession-analyst-skeptical-of-rate-cuts-impact/
Sun, 25 Aug 2024 17:46:15 +0000https://www.digit.info/polymarket-bets-10-on-2024-us-recession-analyst-skeptical-of-rate-cuts-impact/Read more]]>The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues that even if rates are lowered, it won’t stop a recession in the United States. On the flip side, […]