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Economy

“Recession Odds Climb to 25% After Weak Jobs Number, Goldman Sachs Says”

https://www.barrons.com/articles/fed-goldman-recession-rates-16bf36fc Article is behind a paywall so I’ll make a few comments instead. First of all we are already in a recession. The government altered the definition in order to avoid stating the obvious. Second, by the time mainstream media… Continue Reading…

Banking, Economy

“Economists Boost US Recession Odds on Higher Rates and Banking Woes”

“Odds of the US economy backsliding into a recession are higher now than a month ago after steady interest-rate hikes by the Federal Reserve and growing risks of tighter credit conditions in the wake of several bank failures… The probability… Continue Reading…