by Mac Slavo | Aug 19, 2019 | Headline News
In a new survey, about one-third of economists expect the United States to be gripped by a recession by the year 2021. According to a survey published on Monday, 34% percent of economists surveyed by the Nationalist Association for Business Economics said a recession...
by Mac Slavo | Aug 14, 2019 | Headline News
So far, the only key indicator of a strong economy, the stock market, has remained seemingly immune to what’s going on in Main Street America’s economy. But according to Bank of American Merrill Lynch (BAML), the stock market is “on borrowed...
by Mac Slavo | Aug 13, 2019 | Emergency Preparedness, Forecasting, Headline News
In the next year, the chance of an economic recession is now 1 in 3, according to the Bank of America. That’s more than a 30% chance based on the recent data. According to CNBC, there is a bit of good news. The head of United States economics at the Bank of...
by Mac Slavo | Aug 5, 2019 | Emergency Preparedness, Forecasting, Headline News
Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses,...
by Contributing Author | Jul 29, 2019 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. Growth in residential remodeling spending is expected to fall through 2H20, according to the Leading Indicator of Remodeling Activity (LIRA) published by the Remodeling Futures Program at the Joint...