Are We Entering A Recession 2024. Jamie thompson, head of macro scenarios at oxford economics, said businesses had become less concerned over downside risks to the global economy. Wells fargo last week became the latest big bank to predict that the economy will achieve a soft landing, gently slowing rather than screeching to a halt.

Chance of recession within 12 months. An inverted yield curve has been a reliable litmus test for signs of a recession.