IMF anticipates continued slowing of global economic growth, to 3.3%
The International Monetary Fund (IMF) portends a continued slowing of global economic growth.
In 2017, world economic growth was peaked at 4%. It decelerated to 3.6% in 2018. For 2019, the IMF forecasts a further slowing to 3.3%, according to its latest projection. The IMF feels that many countries could face challenges on their growth path. It cites “considerable uncertainties in the short term, especially as advanced economy growth rates converge toward their modest long-term potential”.
The latest projection on global growth also marks a downward revision from IMF’s last year prediction of 3.9% for 2019.
Credit tightening measures and normalization of monetary policies by central banks of many nations have apparently led to a subdued outlook for growth this year. Also, trade tensions and emerging market weaknesses have apparently been critical factors behind the expectation. The IMF anticipates a decline in growth for 70% of the global economy in 2019.
As for U.S. macroeconomic growth in particular, the IMF expects it to come in at 2.3%, down from last year’s 2.9%.
SPY's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Oscillator for SPY moved out of overbought territory on October 09, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 instances where the indicator moved out of the overbought zone. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 71 cases where SPY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on October 10, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SPY as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SPY turned negative on October 09, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 467 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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