Category: Recession

5 Economists Who Say This Recession Will Be the Next Great Depression
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5 Economists Who Say This Recession Will Be the Next Great Depression

There’s little doubt that a recession is inevitable in the wake of coronavirus. More people are Googling “recession” and “unemployment” than during the financial crisis. But maybe they should start Googling “depression.” Because these leading analysts say we’re headed for another Great Depression. The U.S. economy will probably slip into a recession this quarter and…

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Fear a Coronavirus Recession? The Debt Bubble Crash Will Really Make You Panic
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Fear a Coronavirus Recession? The Debt Bubble Crash Will Really Make You Panic

S&P Global says coronavirus has officially plunged the world economy into a global recession. As a result, record debt bubbles at every level of the economy threaten another financial crisis. All these debt bubbles represent far greater liabilities than those weighing down the economy before 2008. Credit rating agency S&P Global said this week that…

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A Deep Earnings Recession Could Crash The S&P 500: Economist
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A Deep Earnings Recession Could Crash The S&P 500: Economist

Wall Street analysts expect corporate earnings for S&P 500 companies to decline for the fourth straight quarter once all the reports are filed. An economist writing for CNN Business says, “That’s not exactly a recipe for stocks to rise.” He warns Wall Street bulls have overbought stocks. A financial analyst for a Chicago hedge fund…

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The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist
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The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist

Famed economist and global financial market consultant David Rosenberg expects household debt to spark the next recession. Terrifying consumer credit and auto loan data are a colossal debt bubble in plain sight. They’re on the verge of crashing the economy. $16 trillion in household debt and soaring auto debt puts Americans in a precarious position…

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Manufacturing Recession Puts U.S. Economy on Track for Worst Quarter Under President Trump
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Manufacturing Recession Puts U.S. Economy on Track for Worst Quarter Under President Trump

U.S. industrial production plunged in October at the fastest rate in a year-and-a-half. GM strike exacerbated the decline following a six-week work stoppage. The manufacturing sector remains in a recession that could spill over to the rest of the economy. U.S. industrial production plunged in October at the fastest rate in a year-and-a-half, further underscoring…

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The “Scary Recession Warning” CNBC Says Is Gone Will Be Back Very Soon
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The “Scary Recession Warning” CNBC Says Is Gone Will Be Back Very Soon

A CNBC article claims that the bond market’s “scary recession warning” has gone away. Although the yield curve is no longer inverted, it’s behaving exactly as it would before a major recession. New York Fed’s repo operations continued on Thursday with a massive $115.14 billion injection. U.S. government debt yields extended their steep recovery this…

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Recession: Not If, When – Here’s How to Prepare Your Investment Portfolio
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Recession: Not If, When – Here’s How to Prepare Your Investment Portfolio

While it’s difficult to time a recession, the U.S. economy’s longest-ever expansion will not last forever. Economic data has begun to point to a slowdown, if not something more serious. Financial professionals have advice for investors unsure about how to manage their portfolios when a recession strikes. The U.S. economy is due for a recession.…

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Global Recession Coming in 2020, Warns Yet Another Research Firm
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Global Recession Coming in 2020, Warns Yet Another Research Firm

Financial intelligence and analysis firm Moody’s Analytics is the latest to inject itself into the global economic recession debate further adding to the jitters. Per the firm’s chief economist, Mark Zandi, the risks of a global economic recession are currently ‘awfully high’, according to CNBC. And even if an outright recession is avoided, Zandi warned,…

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