“Over the medium term, the prospects for growth now seem dimmer than in decades,” the IMF said in its flagship World Economic Outlook, lowering the global growth forecast for 2023 to 2.8% from 2.9% estimated earlier and sharply lower than the 3.4% expansion in 2022.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3