Global Scans · Recession · Weekly Summary

• [New] The Fed's higher for longer stance on interest rates is unsustainable and could lead to a general credit deflation and a recession. Sprott
• [New] Regardless of FRM rate movement in the continuing real estate recessionary period now ongoing in 2026, expect a long-term upward trend in mortgage rates to follow - though they will drop for the duration of a recession. firsttuesday Journal
• [New] Economists at the Atlanta Fed are estimating that GDP will expand another 4% over the third quarter, indicating the US is far from tipping into a technical recession. Business Insider
• [New] As the subsequent chart illustrates, US recession risk is currently not deemed high. BTRM
• [New] A deterioration in Canadian housing, rising consumer delinquencies, weaker business borrowing, changing Bank of Canada policy or a domestic recession could affect several of them simultaneously. investing.com
• [New] Britain's economy could be sent into a recession in 2027 if the crucial Strait of Hormuz remains closed into 2027. The Independent
• [New] The IEA now projects a 1.6 million barrel-per-day demand slump for the year, while OPEC trimmed expected growth to 580,000 barrels per day, reflecting the impact of the ongoing Strait of Hormuz disruptions and stalled U.S.-Iran negotiations. Polymarket
• [New] The OECD has downgraded its global growth outlook, warning that rising energy prices, geopolitical tensions and persistent inflation are weighing on the world economy and could push several countries into recession if disruptions continue. Yahoo! Finance
• [New] Broader concerns about global recession risk or demand erosion from electric vehicle adoption have added complexity to the 2026 demand picture. Mudrex Learn

Last updated: 02 September 2026