S&P Global Ratings Raises Alarm on US Economic Outlook

In a startling announcement made this Wednesday, S&P Global Ratings has projected a 25% likelihood of the United States entering a recession within the next 12 months. This assessment highlights growing concerns over the stability of the North American credit environment, attributed largely to the unpredictability surrounding current US policies.

"The uncertainty of USA policies poses a significant risk to the North American credit environment. Our analysis suggests a 25% probability of an economic recession in the USA within the next year," the agency elaborated, pointing to policy unpredictability as a key factor in their forecast.