What is your prediction on a recession starting globally? We believe it will be there for 6-18 months time frame.
Mar 202319%
Q2 - 202332%
Q3 - 202321%
Q4 - 202327%
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I believe another option was necessary: no recession.
The market and sector we work on has a natural lifecycle where usually the up and down aren't the impact of a recession period.
Gartner anyway posted various radar about the future trend and I don't believe at all for a recession period (the Metaverse is no longer a risk 😁)
Where is the option to disagree with the premise? Consider that talk of a global recession has been going on for over a year now. Unemployment is low. Housing markets remain strong despite higher interest rates on mortgages. Inflation is leveling off. I have been hearing this imminent recessiong talk for over a year and I remaind skeptical about its near-term inevitability.
With the recent economic news coming out of China, a global recession is more likely to happen now, I'd say. Even as the US is trying to place less reliance on China, it is just the beginning, and it will take years to rebuild and diversify the supply chain for most business.
I am not sure we will have a holistic recession impacting global economy. We are seeing pockets of recessionary factors today but it seems to ebb and flow. I think in 2024 the political landscape may stall spending and create a mini-recession environment.
This poll is missing a critical option - No Recession.