Posts Tagged ‘recession’

Bloomberg model projection says recession is 100% certain in next 12 months

(Natural News) President Joe Biden is trying his best to convince Americans that recession is avoidable – especially with the midterm elections so close. But according to a model projection from Bloomberg Economics, the U.S. economy is effectively certain to enter a recession in the next 12 months. The probability models maintained by Bloomberg economists Anna Wong […]

Queen’s funeral helped tip UK into recession 

TEHRAN- The Bank of England raised interest rates after saying the country was already in recession partly because of the extra public holiday for the queen’s funeral.  The interest rate hike to 2.25% from 1.75% is the highest level seen since the global financial crisis in 2008 and will have a major impact on millions […]

Queen’s funeral helped tip UK into recession 

TEHRAN- The Bank of England raised interest rates after saying the country was already in recession partly because of the extra public holiday for the queen’s funeral.  The interest rate hike to 2.25% from 1.75% is the highest level seen since the global financial crisis in 2008 and will have a major impact on millions […]

Queen’s funeral helped tip UK into recession 

TEHRAN- The Bank of England raised interest rates after saying the country was already in recession partly because of the extra public holiday for the queen’s funeral.  The interest rate hike to 2.25% from 1.75% is the highest level seen since the global financial crisis in 2008 and will have a major impact on millions […]

Do’s and Don’ts of Saving During a Recession

By Liz HundFrom Bankrate Strategies to build your savings during a recession may involve adjusting your savings goals and cutting expenses, while paying down loans and avoiding additional debt. Getting into the habit of saving money takes discipline and can be challenging even during non-recessionary times. To help you navigate saving during a period of economic decline, […]

Recession or DEPRESSION? The number of Americans taking out loans just to buy groceries has DOUBLED this year

(Natural News) The “buy now, pay later” (BNPL) option that you often see on checkout screens when making an online purchase is more popular than ever before, thanks to the failing economy. As prices rise and hyperinflation rears its ugly head, increasingly more consumers are opting for these short-term loans when eating out at restaurants […]

Professor Warns U.S. Is Sitting on the ‘Brink of a Deeper Recession’

Appearing Wednesday on the Fox News Channel, Brian Brenberg, who serves as an Executive Vice President and Associate Professor of Business at King’s College said the United States is sitting on “the brink of a deeper recession.”

High Inflation, Recession Risk Widen ECB Dilemma

FRANKFURT—Eurozone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big interest rate hikes even as a painful recession appears increasingly certain. Driven by expensive gas and a devastating drought, consumer prices jumped more than expected in August and further rises are already in the pipeline, suggesting more […]

Oil Prices Fall 3 Percent on Recession Fears

LONDON—Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, bearish oil demand signals from OPEC+, and increased restrictions to curb COVID-19 in China. Brent crude futures for October, due to expire on Wednesday, were down $3.41 at $95.90 a barrel following Tuesday’s $5.78 loss. The more […]

Interest Rate and Recession Fears Knock Stocks and Oil

LONDON—Record-high inflation in the eurozone compounded recession fears stalking markets on Wednesday as central banks on both sides of the Atlantic prepared to raise borrowing costs for businesses and households again next month. Wall Street was set for a muted start as U.S. crude oil prices sank for a second day, trading below $90 a […]

Goldman Warns UK Inflation Could Top 20 Percent as Recession Nears

LONDON/HONG KONG—Inflation in Britain could exceed 20 percent early next year if spiraling gas prices fail to come down, economists from U.S. investment bank Goldman Sachs warned, adding that a recession was on the way. Last week Britain’s energy regulator said power bills will jump 80 percent to an average of 3,549 pounds ($4,188) a […]

ECB’s Lane Sees Euro Area Slowdown, Does Not Rule out Technical Recession

MADRID—The eurozone’s economy is likely to experience an economic slowdown, European Central Bank’s chief economist Philip Lane said on Tuesday, adding however that he did not rule out a mild, temporary, and technical recession. Lane told Spanish broadcaster TVE that the ECB should raise interest rates on a step-by-step basis. The institution raised rates by […]

Breitbart Business Digest: Only 38% of Biden Voters Say We’re in A Recession, Versus 82% of Trump Voters

A solid majority of Americans think we are in a recession, but that consensus conceals some deep divides divide on the economy. The divides do not run that deep along demographic lines. The most recent poll from the Economist and YouGov found that 58 percent of Americans say we are in a recession today. Men are slightly […]

The Math Way Beyond Technical Recession

Commentary  An absurd yet apt metaphor for this year’s predicament. It is widely believed that U.S. real GDP change in the second quarter of 2022 will tally up less than zero, just as it had during the first quarter. Should this happen (the estimate won’t be released until after this article is written), does that […]

Biden faces headache as U.S. economy enters “recession” 

The U.S. economy has officially shrunk for two consecutive quarters which technically signals the start of a recession. The news is making headlines across the states, its a major setback for President Joe Biden’s administration and has left Americans asking where their money is being spent. Source

Trump Warns Something Worse Than Recession Is Coming

Former President Donald Trump has warned that America’s economy is on track for a bigger disaster than a recession, with his remarks coming shortly before government statistics showed GDP printing negative for the second consecutive quarter, which is a rule-of-thumb definition for a recession. “Where we’re going now could be a very bad place,” Trump […]

10 Great Ways To Reverse The Recession

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Are We In A Recession? A Handy Flowchart

Apparently, the U.S. economy is in a recession right now, but who knows? We’re told by experts that recessions are bad, so it’s important to know whether you’re in one. Fortunately, our experts put together this handy flowchart to help you figure it out! Source

Biden: ‘I Don’t Know If We’re In A Recession, I’m Not A Biologist’

WASHINGTON, D.C. — America’s GDP has fallen over the last two quarters, stoking fears of a possible recession due to the fact that America is now in a recession. When asked whether the U.S. is now in a recession, Biden answered that he wasn’t qualified to answer, as he doesn’t have a biology degree. Source

Yellen: U.S. Economy Is Not in a Recession

Treasury Secretary Janet Yellen said Sunday on NBC’s “Meet the Press” that the United States economy was not in recession.” Source

Breitbart Business Digest: Recession Calling

The recession is calling, but it’s probably not paying its phone bill on time. Source

Global Markets Steady but Recession Fears Remain

LONDON/SINGAPORE/TOKYO—Tentative calm returned to global markets on Wednesday, with the euro steadying after dropping to a two-decade low and oil back above $100 a barrel following a near 10 percent plunge a day earlier. The single currency traded at $1.025, a fraction above its weakest level since late 2002 touched overnight as fears of a […]

World Stocks Skid as Consumer Data Flashes Recession Worry

LONDON—Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling down on hawkish rhetoric. More […]

Poll: Nearly 60% of U.S. Manufacturers See Inflation Leading to Recession

Almost six in ten American manufacturers believe ongoing inflation will lead to a recession in the United States, a new survey from the National Association of Manufacturers (NAM) finds.

Nolte: CNN Admits ‘It’s Time to Prepare for a Recession’

CNN, a far-left propaganda outlet that spreads conspiracy theories and political violence, published a warning to its readers: “It’s time to prepare for a recession.”

Fears of Recession Grow as UK Economy Shrinks in March

Britain’s economy grew at the slowest pace in a year during the first quarter, raising concerns the country may be headed for a recession.

Summers: It’s at Least 50-50 that There Will be a Recession ‘Within the Next Two Years’

During a portion of an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that he doesn’t see how anyone “can look at either the historical experience or what markets are […]

5 Recession Risk Factors That Investors Should Be Watching

S&P 500has plenty of bullish momentum heading into the end of the year, and the latest jobs report from the Labor Department highlighted just how strongly the economy is rebounding now that COVID-19 vaccinations are widespread. Yet economic recessions always catch investors off guard, so Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, regularly […]

2020 Ends With Almost Ten Million Fewer Jobs Than Before The Recession

Above photo: Sale signs are displayed in the window of a business in Brooklyn on December 01, 2020 in New York City. Spencer Platt | Getty Images. NOTE: This author blames the recession on Trump, but the reality is we have been headed for one for a while. Recessions are a regular occurrence in capitalist […]

GDP will grow this quarter, but the recession has only just begun

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