Tag: U.S. Recession

00:04:02

Bank of America Reverses Recession Call, but Warns of ‘Very Negative’ Consumer Spending Risk

Bank of America CEO Brian Moynihan remains optimistic about avoiding a recession, but warns of risks if consumer spending...
00:10:24

Record Inverted Yield Curve Promises a Recession

A number of financial experts are sounding alarms forewarning of a recession and related stock market crash set to hit before the 2024 election.
00:02:46

Jamie Dimon Warns of ‘Most Treacherous’ Time Ahead That Might Eclipse Anything Seen Since World War II

‘Beware of higher rates and recession,’ he said. JPMorgan CEO Jamie Dimon issued a stark warning about the U.S. economy,...
00:33:22

JPMorgan Chief Issues Stark Warning on Recession

Jamie Dimon, CEO of JPMorgan Chase, has warned that inflation could go up again, leading to higher interest rates and—possibly—recession.

Recession Odds Rise to Highest in 40 Years: Fed

Odds that U.S. will fall into a recession over the next 12 months have risen to a 40-year high, according to a probability model from the NY Federal Reserve.

Chart of the Day: US Economy Slip-Sliding into Recession

More evidence that the US economy is slip-sliding into recession. Lower consumer spending and lower GDP growth will soon cause the Fed and governments to act.
00:02:09

A ‘Feel-Good’ Period Before ‘Inevitable’ US Recession: JPMorgan Investment Officer

Markets could see a rally before an inevitable downturn, said Bob Michele, the chief investment officer of JPMorgan Asset Management.

Leading US Economic Indicator Falls for 10th Straight Month, Suggesting Recession Soon

Key indicator gauging health of American economy fell for tenth straight month in Dec, exceeding forecasts and suggesting a potential recession months ahead.
00:06:27

Recession Coming in 2024: Economic Forecaster

American industry will slow down next year, then fall into a recession the year after, according to ITR Economics, an economic forecaster.

Chart of the Day: Wage Growth Continues to Collapse in the US and Globally

Wage growth continues to collapse in the US and globally as well. This recent wage growth has been the trend....
00:04:57

Yield Curve Inversion Reaches New Extremes

A scenario in which short-term yields exceed long-term yields is known as an inverted yield curve and is often seen as a red flag that a recession is looming.

Steve Cortes: America is Entering the Most Dangerous Economic Times since before WWII

Steve Cortes straight talk about economy in contrast to “happy talk” on CNN and mainstream media. “The reality is that we’re in a recession".