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Recession

Bank credit is shrinking for the first time since the Great Recession - and that's a red flag for the economy

Sat, 01/20/2024 - 13:33

Tech Insider : Economy, Economy

wall street — Contracting bank credit levels could be a sign a recession is coming.
Lucky-photographer/Shutterstock

economy, Markets, economy, Markets, Recession, next-recession, recession-outlook

The inventor of the market's most famous recession indicator is confident the inverted yield curve is accurately calling a slowdown in 2024

Sat, 01/20/2024 - 12:17

Tech Insider : Economy, Economy

Campbell Harvey — Screengrab/YouTube

economy, Markets, Markets, campbell-harvey, inverted-yield-curve, Recession, recession-outlook

American consumers haven't been this upbeat about the economy since 2021

Fri, 01/19/2024 - 12:47

Tech Insider : Economy, Economy

Shoppers have their receipts and carts checked by an employee as they exit from a Costco store in Alhambra, California, on August 19, 2019/ — Consumer sentiment jumped to start 2024, hitting its highest mark since 2021.
Frederic J. Brown/Getty Images

economy, Markets, mi-exclusive, Markets, economy, financial-news, consumer-sentiment

The Fed has to start cutting rates to avoid tipping the economy over, and 8 cuts are coming in the next 2 years, Bank of America chief Brian Moynihan says

Fri, 01/19/2024 - 09:46

Tech Insider : Economy

Bank of America CEO Brian Moynihan — John Lamparski/Getty Images

economy, Markets, mi-exclusive, fed-rate-cuts, fed-rate-cuts-forecast, fed-rate-cuts-2024, Recession

Goldman Sachs sees much stronger economic growth than consensus, dismissing Wall Street's top concern

Tue, 01/16/2024 - 11:11

Tech Insider : Economy, Economy

people wearing sunglasses on stock nyse floor — REUTERS/Brendan McDermid

economy, Markets, mi-exclusive, stock-market, economy, analyst-note, Markets

A Gen Xer who secretly works 3 full-time remote jobs and makes $344,000 paid off his mortgage and is saving to send his kids to college debt-free

Tue, 01/16/2024 - 11:06

Tech Insider : Economy, Economy

A man works at a computer on a standing desk in an office. Only his silhouette is visible in front of a window shut by blinds — Joseph (not pictured) works three full-time remote jobs without his employers knowing.
REUTERS/Kevin Coombs

economy, Careers, economy, remote-work, Overemployed, Tech, Inflation

6 Fed rate cuts in a soft-landing scenario are a 'pipe dream,' Harvard economist says

Tue, 01/16/2024 - 09:30

Tech Insider : Economy

ken rogoff — Harvard Professor and Economist Kenneth Rogoff speaks during the Sohn Investment Conference in New York, May 16, 2012.
REUTERS/Eduardo Munoz

economy, Markets, soft-landing, fed-rate-cuts, Recession, Markets, interest-rates

The S&P 500 looks risky, there's a 75% chance of recession this year, and a firing frenzy is looming, elite investor Jeffrey Gundlach says

Mon, 01/15/2024 - 09:08

Tech Insider : Economy

Jeffrey Gundlach — Jeffrey Gundlach.
Richard Drew/AP

Markets, economy, mi-exclusive, Markets, Stocks, jeffrey-gundlach, stock-market-outlook

BlackRock CEO Larry Fink warns of stubborn inflation - but expects growth to accelerate this year if interest rates drop

Mon, 01/15/2024 - 07:14

Tech Insider : Economy, Economy, Crypto

Larry Fink — BlackRock CEO Larry Fink.
REUTERS/Ruben Sprich

economy, economy, us-markets-and-economy, larry-fink, BlackRock, asset-manager, Bitcoin

Inflation is stuck and the Fed can't lower prices without damaging the economy, top economist Mohamed El-Erian says

Fri, 01/12/2024 - 14:30

Tech Insider : Economy

GettyImages 1229890667 — Fed chair Jerome Powell is due to speak on Thursday
Pool/Getty Images

economy, Markets, Inflation, Fed, inflation-2024, inflation-outlook, fed-rate-cuts

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