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Economy

“A “recession shock” is coming, BofA warns”

April 8, 2022

“The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, BofA strategists warned in a weekly research note. “‘Inflation shock’ worsening, ‘rates shock’ just… Continue Reading…

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Economy

“The Probability of Recession In The Next Year Could Be As High As 35%”

March 22, 2022

“ EDITOR’S NOTE: Signs of inflation were beginning to appear in 2020, long before the CPI had even breached the 2% target level. Yet, hardly anybody considered inflation a real threat. Fast forward to today, three critical recessionary signs are flashing… Continue Reading…

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Economy

“Europe’s biggest economy is on the brink of a winter recession”

December 15, 2021

“London (CNN Business)Germany is teetering on the brink of recession this winter as supply bottlenecks and a wave of new coronavirus cases hobble the economy. Europe’s largest economy will shrink 0.5% in the fourth quarter of this year, compared with the third, and stagnate… Continue Reading…

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Economy

“India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens”

March 1, 2021

” After plunging into one of the worst recessions of any major economy, India is showing signs of a modest comeback. But that recovery is uneven, and the country is still struggling to find ways to sustain growth. Its service sector… Continue Reading…

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Predictions, Opinions, & Comments

Managing The Upcoming Economic Downturn: Navigating Hard Times

February 13, 2021

I’ve said this in previous articles. I don’t think the economy is going to do well for the foreseeable future. I also think it’s going to get a lot worse before it gets better but never fear I have some… Continue Reading…

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Banking, Economy

“Hidden defaults set to soar as recession squeezes companies”

May 13, 2020

“New York: The worst recession since the Great Depression is prompting indebted companies to default, and increasingly more will do so in a way that’s harder for investors to detect. Rating firms predict that more companies will pursue distressed debt… Continue Reading…

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Economy

“The US economy has erased nearly all the job gains since the Great Recession”

April 16, 2020

“It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying… Continue Reading…

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Stocks

“Worried About a Stock Market Downturn This Year? Here’s What to Do”

January 27, 2020

“1. Have a solid emergency fund The one thing you need to remember about a stock market downturn is that you don’t lose money until you actually sell your investments at a loss. Imagine you buy a given stock at… Continue Reading…

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Economy

“Top economist lowers recession risk for 2020, but says hurdles remain”

November 25, 2019

““We do need to get over some of these hurdles that are a problem for business-sector spending of which is both U.S.-China trade concerns as well as things like Brexit and other geopolitical risks,” the firm’s head of U.S. economic… Continue Reading…

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Economy

“Two-thirds of households preparing for recession, even as U.S. economy continues to grow”

October 17, 2019

“Some 69% of participants in a recent poll said they were taking steps to shore up their finances ahead of a possible downturn, including 44% who said they were spending less money. Some 10%, including 13% of college graduates, are looking for… Continue Reading…

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