by Mac Slavo | May 29, 2019 | Forecasting, Headline News
A slump in recent economic data coupled with enhanced trade war tensions between the United States and China have prompted Morgan Stanley to sound the alarm. Morgan Stanley is warning that the U.S. economy is now on “recession watch” as the bond market...
by Mac Slavo | May 27, 2019 | Headline News
Although talk of a recession subsided early this year, it’s back in full force thanks to the trade war with China. “Call it scare-mongering if you like, but many of the data releases [last] week had the unmistakable whiff of a recession,” said chief U.S....
by Mac Slavo | May 10, 2019 | Headline News
Mortgage rates have slumped once again, and are now stretching into the third straight week of decreases. The 30-year fixed-rate mortgage averaged 4.10% in the May 9 week, Freddie Mac said Thursday. That was down 4 basis points during the week while the 15-year...
by Mac Slavo | May 8, 2019 | Headline News
The stock market plunged yesterday amid fears of a renewed and intense trade war with China. After months of the “calm before the storm,” United States equity markets dropped sharply on Tuesday as traders prepared for an escalation of the U.S.-China trade...
by Mac Slavo | Apr 16, 2019 | Headline News
Bitcoin may be a way out, or “an escape hatch,” as put by ShapeShift chief executive and crypto entrepreneur Erik Voorhees. Bitcoin may be the best way to provide people with a lucrative way to prepare for imminent global recession and collapse of the debt-based...
