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Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

Thu, 03/14/2024 - 15:07

Tech Insider : Economy

recession outlook — zhuweiyi49/Getty Images

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Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says

Wed, 03/13/2024 - 10:24

Tech Insider : Economy

Stock market crash — Getty Images

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Corporate greed is pushing prices up even as the main drivers of inflation keep falling, Fundstrat's Tom Lee says

Mon, 03/04/2024 - 10:28

Tech Insider : Economy

Tom Lee — Cindy Ord/Getty Images

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An under-the-radar recession indicator in the bond market is sounding the alarm for a hard landing

Wed, 02/21/2024 - 10:21

Tech Insider : Economy

This is a photo of a US $100 bill with a red arrow pointing downwards in front of it. — The stock market could continue to tumble in the face of rising inflation and a recession.
sefa ozel/Getty Images

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There's little reason to be optimistic about a soft landing this year as the 'runway is in an earthquake zone,' Harvard economist says

Fri, 02/02/2024 - 10:15

Tech Insider : Economy

ken rogoff — REUTERS/Eduardo Munoz

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'Black Swan' author Nassim Taleb says the US is heading for a debt 'death spiral'

Tue, 01/30/2024 - 12:30

Tech Insider : Economy

Nassim Taleb Getty Images — Nassim Taleb.
Mohd Zakir/Getty Images

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American consumers won't save the economy in 2024 and their wild holiday spending spree was a 'last hurrah', Wells Fargo says

Wed, 01/24/2024 - 14:17

Tech Insider : 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/ — Shoppers have their receipts and carts checked by an employee as they exit.
Frederic J. Brown/Getty Images

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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

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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

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Markets are underestimating the potential for an economic slowdown, and 'greedflation' won't help investors anymore, Societe Generale says

Thu, 01/11/2024 - 11:09

Tech Insider : Economy

This is a photo of a US $100 bill with a red arrow pointing downwards in front of it. — "Greedflation" isn't saving the market anymore, according to Société Générale's Albert Edwards.
sefa ozel/Getty Images

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