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🚨The probability of a recession in the US economy 🇺🇸in the next 12 months is increasing:
🚨Us bonds 5y are currently pricing in a 52% probability of a recession in the next 12 months to (th month 11/2024, this number is 45%).
🚨The probability of recession priced by the Russell 2000 has skyrocketed to 48% from just 1% in November 2024.
Russell 2000 - an index reflecting the performance of small companies in the US. Stocks in the Russell 2000 represent small-cap companies, excluding big corporations and multinational companies, thus directly reflecting the health of the US domestic economy.
🚨The media is buzzing about a recession, just like the end of 2023. As before, it seems that when the crowd agrees on something, it is less likely to happen.