Boerse To Down 2025. The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of ukraine. The probability of a recession by the end of 2025 currently sits at 45%, according to the report.

“the drag from tariffs and reduced immigration will likely appear earlier in 2025, while tax cuts will likely boost spending with a longer delay,” mericle writes. These figures compare with analysts’ consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.