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Recession

Russia's economy is facing a record worker shortage amid losses in Ukraine and mass exodus

Thu, 04/27/2023 - 14:13

Tech Insider : Economy

Russian military conscript troops — Russian conscripts called up for military service wait to board a train at a railway station in Omsk on November 27, 2022.
REUTERS/Alexey Malgavko

Markets, MI Exclusive, Russia, Sanctions, Ukraine War, Recession, economy

Brace for a recession by September, a 20% plunge in the S&P 500, and a painful credit crunch, top economist David Rosenberg says

Thu, 04/27/2023 - 11:06

Tech Insider

David Rosenberg — David Rosenberg.
CNBC

Markets, MI Exclusive, Stocks, Stock Market Outlook, US Markets and Economy, David Rosenberg, Rosenberg Research

The US economy is about to hit a slowdown as Americans blow through savings, shrink investments, and battle higher interest rates, chief economist says

Thu, 04/27/2023 - 10:10

Tech Insider

stop worrying about recession axios — Illustration: Aïda Amer/Axios

Markets, MI Exclusive, recession outlook, recession 2023, US economic outlook, Growth, Slowdown

Home sales see shrinking profits as prices fall in most of the US

Thu, 04/27/2023 - 09:47

Tech Insider

Midwest — A home for sale in Pleasant Prairie, WI.
Scott Olson/Getty Images

Markets, MI Exclusive, Homes, Home Prices, Profit Margins, Recession, Housing Market

'Big Short' investor Michael Burry predicted a cash crunch. A top JPMorgan banker says that painful problem is fueling a banking crisis

Thu, 04/27/2023 - 07:55

Tech Insider

Michael Burry big short — Michael Burry.
Jim Spellman/Getty Images

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, JPMorgan

Investors are making the wrong bet on a recession — and it's going to cost them big time

Thu, 04/27/2023 - 06:02

Tech Insider : Economy, Politics

Stock exchange falling around the Wall Street Bull — Investors are betting that the US economy is going to suddenly fall into a recession and inflation is going to cool. But what happens if they're wrong?
J2r/iStock Photo; Andrii Shyp / Getty Images; Arif Qazi / Insider

How betting on a recession could wreck the market

economy, Markets, Investing, Discourse, politics, News, Real Estate

Inflation isn't coming down much further without a substantial economic downturn, former Treasury Secretary Larry Summers says

Wed, 04/26/2023 - 14:24

Tech Insider

Larry Summers — Lawrence Summers.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, markets outlook, Market Outlook, Larry Summers, Treasury Secretary, Inflation

The housing market downturn will send home prices 5% lower and help push the economy into a recession

Wed, 04/26/2023 - 12:23

Tech Insider

A single family home is shown for sale in Encinitas, California May 22, 2013.
REUTERS/Mike Blake — Single family home is shown for sale in Encinitas
Thomson Reuters

Markets, MI Exclusive, Housing Market, housing crash, housing rebound, economic outlook, Recession

The US economy is slowing down. Just look at the freight recession that's sent diesel prices tumbling.

Wed, 04/26/2023 - 10:45

Tech Insider

truck driver uber freight — Courtesy of Uber Freight
Truck drivers move 70% of America's goods by weight.

Markets, MI Exclusive, Truck, freight, Recession, downturn, economic outlook

Biden vows to veto the GOP bill to raise the debt ceiling if it makes it to his desk, saying it would cost Americans 780,000 jobs while stripping them of food assistance and student-debt relief

Tue, 04/25/2023 - 12:55

Tech Insider : Economy, Politics

Biden — President Biden.
AP Photo/Jacquelyn Martin, Pool

economy, politics, Policy, Debt Ceiling, Biden, OMB, Kevin McCarthy

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