by Mac Slavo | Oct 8, 2019 | Emergency Preparedness, Experts, Forecasting
Business economists in the United States are continuing to lose faith in the “booming” economy. Many are saying that there will be a sharp slowdown in economic activity in the last few months of this year and into next year. The latest survey by a panel of...
by Mac Slavo | Sep 19, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
For the first time in three years, the S&P 500 is in an earnings recession. And that’s not the worst news. Economists expect it to only get worse as the year progresses. According to a report by Market Watch, analysts surveyed by FactSet currently project a...
by Mac Slavo | Aug 30, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
Another recession warning has surfaced. The wealthier Americans have cut back on their consumerism and spending, which could be a signal that the recession is right around the corner. Many economists and analysts have said that the backbone of the American economy is...
by Mac Slavo | Aug 6, 2019 | Headline News
More and more Americans are getting themselves into so much debt that it becomes impossible to pay back their loans. In the month of July, there was a 5% increase in the number of bankruptcies filed in the United States. Bankruptcy petitions for consumers and...
by Mac Slavo | Jul 31, 2019 | Headline News
As Wall Street celebrates what will likely be an interest rate cut later this week, it should also sober up fir more bad economic news. The chances of increased tariffs on Chinese goods are incredibly high and some say the only way to save the economy from the trade...