Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing...
Tag: Recession
Here are 3 proven ways to get really rich during a recession — without having to risk a bunch of money to do it
Here are 3 proven ways to get really rich during a recession — without having to risk a bunch of money to do it Certain politicians have dismissed the idea that the U.S. is currently in a recession. B...
Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing...
Recession Fears Set to Split Stocks and Bonds After Summer Rally
(Bloomberg) — It’s been a summer of love for both stocks and company bonds. But with fall nearing, equities are set to fade while bonds strengthen as central bank tightening and recession fears ...
Pimco Plows $2 Billion Into Assets Depressed by Recession Fears
(Bloomberg) — Pacific Investment Management Co. is using its deep pockets to snap up bargains among assets that have been hurt by the cost of living crisis, surging inflation and rising interest...
Baby-boomer financial experts speak from experience on ways to ride out a recession
‘Bear down’ and ‘be as frugal as you can’: Baby-boomer financial experts speak from experience on ways to ride out a recession It was a time of big hair, shoulder pads and the Cold War. But something ...
The U.S. economy is still sluggish — leading indicators fall for fifth month in a row
The numbers: The U.S. leading index fell by 0.4% in July to mark the fifth decline in a row, reflecting a slowdown in the economy tied to rising interest rates and pessimism among consumers. Economist...
Chef Kwame Onwuachi’s New York City Homecoming, The Capital Of Tea, And Will Inflation Cause A Recession?
Kwame Onwuachi has the news leading my week: The Bronx-born chef is making a big return to his hometown, with a restaurant set to debut inside the revamp of David Geffen Hall at Lincoln Center this fa...
Gina Sanchez reveals a stock that’s good for both inflation and recession
Kimberly Clark Corp (NYSE: KMB) has recovered more than 12% from its low in mid-June but Gina Sanchez (Chief Market Strategist at Lido Advisors) says the stock has potential for more. Kimberly Clark h...
Hedge funds pile up $125 billion bet against the S&P 500’s big summer rally
A more than $125 billion institutional short position has been building up against the U.S. stock market, driven by hedge funds, according to BNP Paribas. Futures contract data points to a sharp incre...
Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge?
Gold has long been considered the ideal hedge against inflation for a long time. The precious metal has stood the test of economic meltdown, rising against the crashing value of the dollar, or so we t...
The Stock Market Calls The End Of The “Recession”
Stock Market AFP via Getty Images Here’s one important thing to remember: all recessions are backdated. If our economy is indeed in one, when the NBER formally declares it, we’ll likely be most of the...
Brief Recession or Complete Economic Collapse? What These Wall Street Veterans Think
Since the pandemic hit in 2020, conspiracy theorists have had a field day. With seemingly everything in question, it’s been hard to discern real information from fake. An economic collapse is not a ne...
Central Bank Hawkishness Hasn’t Faded Yet Despite Lower Inflation
Fed Chairman Jerome Powell. More interest rate hikes to curb inflation. As it is now, anyone who got … [+] a 5% raise last year has last it all, and then some. (Photo by Scott Olson/Getty Images...
July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...
Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears
Topline Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence t...
Ford’s green bond sees $5 billion in demand as Biden signs climate bill
Investors swarmed over Ford Motor Co.’s new $1.75 billion green-bond deal on Tuesday to help boost its development of more electric vehicles. Order books for Ford’s F, +0.67% speculative-grade debt de...
3 big reasons why a 2022 recession would be like no other in history
3 big reasons why a 2022 recession would be like no other in history No two recessions are alike. But the potential recession in 2022 is looking like the most unique one we’ve ever seen. Some traditio...
Homebuyers are backing out of more deals as recession fears linger
Rising costs and falling confidence in the U.S. economy are fast becoming a toxic cocktail for the housing market. As a result, a growing number of buyers are backing out of deals they’ve made w...
Chipmakers’ Pandemic Boom Turns to Bust as Recession Looms
(Bloomberg) — Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening ...
JPMorgan Boss Jamie Dimon Warns ‘Something Worse’ Than a Recession Could Be Coming – Economics Bitcoin News
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates,...
U.S. is in housing recession, homebuilders say
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images Builder sentiment in the market for single-family home...
Fed Still Has A ‘Long Way To Go’ As It Tries To Tame Inflation Without Causing A Recession, Goldman Predicts
Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Gol...
Goldman sees a ‘feasible but difficult path’ for the Fed to defeat inflation without a recession
Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images The Federal ...
Yield Curve Inversion Deepens And Lengthens, Upping Recession Chances
NEW YORK, NY – MARCH 06: Traders work the floor of the New York Stock Exchange (NYSE) on March 6, … [+] 2020 in New York City. Stocks fell for a second day as investors seek refuge in gove...
Stocks Struggle After ‘Underwhelming’ Data From China Sparks Global Recession Fears
Topline The stock market moved slightly lower on Monday as disappointing economic data out of China led to rising concerns about a global recession and a drop in oil prices; meanwhile, investors are l...
Opinion: Stop misreading the Fed: It’s not getting cold feet about wrestling inflation to the ground
The Federal Reserve isn’t as mysterious as it’s made out to be. It’s not hiding coded messages in its communications. It’s not using obscure metaphors that seem to say one thing but actually mean the ...