GDP update may help solve a mystery on if a U.S. recession has already started
admin Using an old rule of thumb, the U.S. arguably fell into a recession earlier this…
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‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end…
Read MoreHere are two reasons the Bank of England had to step in and buy bonds
Why did the Bank of England say it would purchase government bonds, just a week…
Read MoreMortgage applications fall and adjustable-rate mortgages make a comeback
The numbers: After a brief uptick, mortgage applications resume their downward spiral as home buyers…
Read MoreOpinion: Biden’s student-debt forgiveness encourages universities to raise tuition and will compromise Federal Reserve and congressional powers
Present Joe Biden’s student-loan forgiveness has attracted wide criticism, but few express the menace it…
Read MoreGilt yields jump to highest since 2008 crisis after IMF hits out at U.K. budget
U.K. bond yields surged to fresh 14-year highs after the International Monetary Fund criticized the…
Read MoreLumber prices have dropped by more than 60% this year, and have room to fall even further
Lumber prices have dropped by more than 60% so far this year, but don’t count…
Read MoreOpinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it’s following flawed information
The Federal Reserve can’t see the probable economic crash that is coming because it’s still…
Read MorePopular bond-market recession gauge may go further below zero than any time since Paul Volcker, BNP says
One of the bond market’s most popular indicators of approaching U.S. recessions has the potential…
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Bank of England actions have no immediate implications for Fed policy, analyst says
The Bank of England’s dramatic about-face decision to temporarily buy bonds in an effort to…
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