A number of economists (38%) believe a recession will begin in 2020. But in some ways economists are increasingly optimistic. Far fewer economists believe a recession will come this year, and an increasing number believe a recession will take place in 2021 instead of next year, according to the survey.
The optimism about economic stimulation in the United States, Europe and China has strengthened stocks in recent sessions. While the global economy is spinning, central banks around the world promise interest rate cuts, balance sheet growth and forms of more direct stimulus to help strengthen the countries of their respective regions.