UBS analysts who predicted market crashes reveal 93% recession probability for 2025
Key Points
- UBS reports a 93% likelihood of recession with unemployment ...
UBS just dropped some numbers that make your morning coffee taste extra bitter: there's a 93% chance we're heading into recession territory. That's not a typo, and it's not your pessimistic uncle's prediction after one too many market documentaries.
The unemployment claims data reads like a thriller novel nobody wants to finish. Claims jumped to 263,000 for the week ending September 6 - the highest since October 2021. Meanwhile, August job creation limped across the finish line with just 22,000 new positions. But here's the kicker: when economists went back to check their math, they discovere...
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