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Central Bank’s Staff Expects A Recession This Year

Central Bank’s Staff Expects A Recession This Year

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...
Economic Warning Signs: Unemployment Claims Jump & Small Businesses Apply For Bankruptcy

Economic Warning Signs: Unemployment Claims Jump & Small Businesses Apply For Bankruptcy

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)...
Market Analyst: “We Are Going To See Parts Of The Economy Break”

Market Analyst: “We Are Going To See Parts Of The Economy Break”

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.”...
12 Numbers That Show That An Economic Crash Is Close As The Fall Of 2022 Approaches

12 Numbers That Show That An Economic Crash Is Close As The Fall Of 2022 Approaches

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...
Market Analyst: “We Are Going To See Parts Of The Economy Break”

Stephen Roach: U.S, Needs A “Miracle” To Avoid A Recession

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...
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