Recession or Not, the Recovery Has Ended
Whether a recession is eventually declared, the message from the latest economic data is just as sobering: The recovery is, effectively, over. To be sure,...
Strong Dollar Extends Gains With No End to Rally in Sight
Fears of a global recession and deepening woes in Europe are pushing the dollar higher, and few on Wall Street expect to see a change...
Asian markets rise ahead of US inflation data
BEIJING (AP) — Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes. Shanghai,...
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
In February 2021, Larry Summers was right and I was wrong. The former Treasury secretary warned that President Biden’s stimulus package was far too large...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with...
China’s Economic Slowdown Is Rippling All Around the World: WSJ
The country’s crumbling economic growth is being felt everywhere from German factories to Australian tourist spots; Apple and General Electric warn of production problems [ad_2]...
Don’t Count on China to Bail Out the Global Economy If There’s a New Recession
Text size People buy food and household provisions at a supermarket in Beijing on April 25, 2022. Noel Celis/AFP via Getty Images About the author:...
JPMorgan CEO Jamie Dimon Says ‘Powerful Forces’ Threaten U.S. Economy
JPMorgan Chase & Co.’s pandemic boom ended with a 42% drop in profits and a warning: Rising inflation and the war in Ukraine pose big...
The yield curve is speeding toward inversion — here’s what investors need to know
The bond market’s most reliable gauge of the U.S. economic outlook for the past half-century is hurtling toward inversion at a faster pace than it...
The Fed Needs to Put Its Eye on the Money Supply
As recently as September 2021, half of the Federal Open Market Committee expected no change in the federal-funds rate throughout 2022, and not a single...