Recession? Calm Before The Financial Storm?

Recession? Calm Before The Financial Storm?

Is a recession coming? Is this the calm before the storm? JPMorgan Asset Management Global Head of Fixed Income Bob Michele said that today’s economic climate calls to mind the lull seen in the 2008 financial crisis. Michele, who manages more than $700 billion worth...
Germany Is Officially In A Recession

Germany Is Officially In A Recession

Consumers in Germany are spending less. That means Europe’s largest economy is officially in a recession. Output in Germany dropped 0.3% in the first three months of the year, following a 0.5% contraction at the end of 2022, official data showed Thursday. The...