Economists expect the next recession to be mediocre whenever it hits. But for many people, their only or immediate recession was one of a record. The last Great Recession of 2007-2009 lasted 18 months, longer than after World War II. ...
The United States may go for tax cuts and the abolition of a number of duties due to the risk of a recession, the NYT and WP found out. According to them, despite Trump's statements about the excellent state of the economy, the White House began to prepare for a decline. The White House began to develop measures ...
In the United States, for the first time since 2007, there has been a yield inversion on two-year and ten-year Treasury bonds. The situation when the yield of short-term securities is higher than the yield of long-term bonds is extremely rare and almost always a harbinger of an economic recession. As of the morning of August 14 ...
The bankruptcy filing rate in the United States is on the rise, indicating that more Americans are mired in debt, especially in major cities such as New York. While the total number of bankruptcy filings nationwide by consumers and businesses ...
One of Wall Street's oldest investors claims the US economy is on the brink of recession. Gluskin Sheff's David Rosenberg warns that incomes are changing and data suggests the economy is on the brink of a recession. “Maybe there is no recession. But that certainly says ...
The largest Wall Street banks are warning investors of the growing risks of a recession due to the escalation of the trade war between the US and China. According to Morgan Stanley, the global recession could begin within nine months if President Donald Trump imposes 25% tariffs on an additional $ 300 billion of Chinese ...
A carefully researched market measure, usually predicting an economic recession, showed an impending economic crisis in the United States. The yield on 10-year Treasury bonds on March 22 fell to a minimum over the past year, which led to an inversion of the yield curve for Treasury bonds for three months and ...
According to analysts at JPMorgan Chase & Co., if a recession is looming, it is better to own the Swiss franc, Singapore dollar, US dollar and Japanese yen, as well as get rid of emerging market currencies. “A recession is when creditors may ask for their money back, -...
“The failure of the economy over the past 15 years to deliver real improvements in the lives of middle- and working-class Americans remains a major source of public discontent,” said William Golston, an expert at the Brookings Institution think tank. Although the country's economy may have recovered from the recession,...