recession
There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. Should that happen, the S&P 500 could […]
The U.S. economy has avoided a recession so far but the risk of a deeper economic downturn still looms, according to financial analyst Gary Shilling. Take U.S. small businesses as one of the “normal harbingers of recessions, [such as] the yield curve, the leading indicators,” Shilling said. “Small businesses are very sensitive to economic conditions […]
Susan Walsh/AP Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 20, 2024. Washington CNN — America’s central bank doesn’t see any signs of a recession on the horizon. Not this year nor the year after. The Federal Reserve’s policymaking committee of 19 officials . […]
This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago February 26, 2024, 12:01 AM ET • 3 min read NEW YORK — This year looks to be a much better one for the U.S. economy than business economists were forecasting just […]
TOKYO — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according to Cabinet Office data on real GDP, though it grew 1.9% for all of 2023. It […]
US President Joe Biden visits Emmaus Run Inn in Emmaus, Pennsylvania, on January 12, 2024. Biden is visiting several small businesses to tout his Bidenomics economic plan. Mandel Ngan | AFP | Getty Images Asia largely downAsia-Pacific markets mostly fell Friday as electric vehicle stocks in the region dropped for a second day, tracking the […]
New York CNN — The writing was on the wall for a recession in 2023. At this time last year, sky-high inflation was barely budging, leaving the Federal Reserve with no choice but to continue hiking interest rates. The S&P 500 was well into
Federal government shutdowns have become so common in recent years that forecasters have a good read on how another one would affect the American economy. The answer is fairly simple: The longer a shutdown lasts, the more damage it is likely to inflict. A brief shutdown would be unlikely to slow the economy significantly or […]
The odds of the U.S. tipping into a recession by mid-2024 have fallen significantly in recent months as economic and
Early this year many economists held a very grim view about the prospects for reducing inflation without a major economic slowdown and a big rise in unemployment. One prominent economist declared that underlying inflation was at least 4.5 percent and that “all the hoped-for saviors” — that is, forces that might bring inflation down painlessly […]