IMF cuts global economic growth forecast to 3.2%, while raising U.S. growth to 2.6%
The International Monetary Fund cut forecast on worldwide economic growth, while boosting outlook on the U.S. economy.
On Tuesday, the International Monetary Fund (IMF) lowered its forecast for global growth this year to 3.2%, from an April projection of 3.3%.
The organization attributed higher U.S. tariffs on imports from China and the potential effects on global technology supply chains from U.S.-imposed sanctions as factors behind its downward revision. The IMF further said, "Risks to the forecast are mainly to the downside".
The organization cut its forecast of China’s economic growth to 6.2%, which is -0.1 a percentage point lower than the April forecast.
However, the IMF increased its projection for U.S. growth by 0.3 a percentage point to 2.6% - the fastest among large advanced economies. IMF’s latest forecasts come amidst expectations of a U.S. policy interest rate cut by the Federal Reserve.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
SPY sees MACD Histogram just turned negative
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Technical Analysis (Indicators)
Bearish Trend Analysis
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SPY broke above its upper Bollinger Band on August 04, 2026. 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.
Bullish Trend Analysis
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The 10-day moving average for SPY crossed bullishly above the 50-day moving average on August 05, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
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