Volatility in 2022, Uncertainty in 2023

February 16, 2023

Article by:   Dr. Victor Calanog, Ph.D., CRE, Kevin Fagan and Todd Metcalfe, Ph.D.

Recession probabilities for 2023 remain high not just for the US but for many countries around the world; however, consensus forecasts suggest that most market players expect a relatively short, shallow downturn, with recovery to ensue later this year through 2024.

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