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%.
The 50-day moving average for SPY moved above the 200-day moving average on June 27, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 364 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 428 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for SPY turned negative on July 29, 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 52 similar instances when the indicator turned negative. In of the 52 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 .
SPY broke above its upper Bollinger Band on July 25, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category LargeBlend