According to the CNBC Fed Survey for March, U.S. economic growth is expected to slow this year and the next. Respondents of the survey include economists, fund managers and strategists.
The survey respondents predict a growth of 2.3% on average for U.S. gross domestic product this year, lowering their expectations compared to the January forecast of 2.44%. The figure also indicates an expected deceleration compared to the actual 3.1% year-over-year growth of the fourth quarter 2018.
For 2020, the respondents expect an even slower economic growth at below 2%.
Global growth sluggishness and trade tariffs were the top reasons cited by respondents as headwinds to the U.S. economic growth. Slowing overseas growth was responsible for a reduction of 40 basis points in the GDP growth forecast, while tariffs imposed by the U.S. and other nations lowered expectations by another 20 basis points.
The implication, according to the survey results, could translate into fewer rate hikes by the Fed. 60% of the respondents are expecting just one hike in policy interest rate this year, while 14% are even conjecturing a possible rate cut.
SPY saw its Momentum Indicator move above the 0 level on November 28, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 73 similar instances where the indicator turned positive. In of the 73 cases, the stock moved higher in the following days. The odds of a move higher are at .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPY's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SPY just turned positive on November 28, 2025. Looking at past instances where SPY's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
SPY moved above its 50-day moving average on November 25, 2025 date and that indicates a change from a downward trend 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 .
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 Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for SPY crossed bearishly below the 50-day moving average on November 24, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for SPY entered a downward trend on November 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category LargeBlend