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B. G., Opalesque Geneva:

Expectations of recession go in all directions these days. Some anticipate it, others just don't see it.

Economist polls have suggested the high likelihood of a recession in the US and the eurozone for nearly a year. Only in January, a poll of economists from the Wall Street Journal pegged the recession chances in 2023 at 61%. Even former Fed Chairman Alan Greenspan said that a recession was "the most likely outcome" given the current economic trajectory.

A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. This happened in the U.S. in the first half of 2022. But according to the NBER (National Bureau of Economic Research)'s definition of recession - a significant decline in economic activity that is spread across the economy and that lasts more than a few months - there was no recession in 2022 and there still is not one now, reports Forbes. The Forbes Advisor recession tracker shows the economy app......................

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