CNN Business
In CNN Business, BCG’s Hady Farag assesses the current economic downturn that many Americans are calling a recession. Though the National Bureau of Economic Research has yet to declare an official recession, a recent BCG survey reveals that nearly 80% of investors anticipate one within the next year—and 50% expect one by the end of 2022. However, many experts do not foresee an economic crash at the scale of 1980 or 2008. “No two recessions are alike,” explains Farag. “I don’t think people are deeply concerned about a major recession or massive stagnation.”