by Mac Slavo | Apr 13, 2023 | Headline News
Economists at the Federal Reserve (the United States central bank) said they expect a “mild” recession later this year, an escalation from their previous assessment. The staff expects the economy to dip into recession following the “banking...
by Mac Slavo | Apr 6, 2023 | Headline News
Jobless claims have exploded while small businesses have filed for bankruptcy at an alarming pace. The economic indicators are not looking up as inflation spirals out of control and the banking crisis continues to unfold. After ugly Institue of Supply Management (ISM)...
by Mac Slavo | Apr 5, 2023 | Headline News
Edward Moya, a senior market analyst for the Americas at OANDA Corp. in New York says that the economy appears to be tipping into a recession. “It looks pretty clear that we are going to see parts of the economy break and we are heading for a recession.”...
by Contributing Author | Sep 6, 2022 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: 12 Numbers That Show That We Are Getting Dangerously Close To An Economic Crash As The Fall Of 2022 Approaches You have heard me say it over and over again. What we...
by Mac Slavo | Aug 30, 2022 | Headline News
The longtime head of Morgan Stanley Asia, Stephen Roach, told CNBC on Tuesday that a much deeper economic downturn could last until 2024, noting that the US needed a ‘miracle’ to avoid a recession. Roach said the negative growth that has already plagued the first half...