Recession

In the face of a ballooning $33 trillion U.S. debt and the potential economic shockwaves from persistent high interest rates, billionaire investor Jeff Gundlach predicts that a recession could be on the horizon within the next year. What Happened: Speaking to Yahoo Finance, Gundlach, who is widely...

A recent study analyzing Census Bureau data conducted by the Federal Reserve Bank of Dallas reveals that Southern states are experiencing the most significant impact from inflation stress.  Where’s Inflation Stress Highest? Mississippi leads the list,...

The U.S. economy has proven more resilient than expected, narrowly avoiding recession despite the Federal Reserve's persistent aggressive rate hikes. Despite the Fed holding the benchmark federal funds rate at 5.25%-5.5%, the world's largest economy added 336,000 nonfarm payrolls in September, the...

Jim Grant, editor of “Grant’s Interest Rate Observer,” has issued a stern warning about the financial instability of the U.S. market due to the decade-long “everything bubble” in asset prices. Grant delivered these remarks on a recent Rosenberg...

JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon has commented on the latest Federal Reserve move and the impact of rate hikes and quantitative tightening on the economy. More Rate Hikes Warranted: The Fed did the right thing to raise rates rapidly and now they should pause and see what happens,...

Bond expert and founder of DoubleTree founder Jeffrey Gundlach joined CNBC’s "Closing Bell" Wednesday following the Federal Reserve’s decision to keep interest rates at the 5.25%-5.5% level. Consumer Price Index inflation should fall, but the U.S. economy may see a recession...

The U.S. economy has experienced its most robust quarter since 2021, but investment pioneer, Rob Arnott, remains skeptical about the sustained growth into the new year. What Happened: Arnott, the founder of Research Affiliates and a leading voice in ‘smart beta’ investing,...

SPAC king Chamath Palihapitiya on Tuesday said the U.S. companies are relatively attractive versus the rest of the world and delved into what it would take to produce an “economic miracle” in the country. What Happened: Sharing three charts from the Financial Times, Palihapitiya said...

According to a forecast by a Wall Street veteran, a recession is expected to hit the U.S. economy next year, leading to a significant impact on stocks and house prices. Business Insider reported that in a recent webcast by Rosenberg Research, Harley Bassman, managing...

This week has been a rollercoaster ride of economic news. While economists are now predicting a brighter future for the U.S. economy, mortgage rates have hit a 20-year high. Meanwhile, the Taliban strengthens its relations with China, and the Chinese economy is exceeding growth expectations despite...

Notable economist Peter Schiff recently expressed concerns about long-term U.S. Treasuries and suggested gold as the new safe asset for investors. What Happened: Schiff shared his views via a tweet on Wednesday, stating, “Right now one of the riskiest financial assets is long-term U.S....

Fears that a recession is looming are causing rents for multifamily properties in some markets to slow. Nationally, average asking rents in August increased 12 basis points month over month, but 51 of the 136 markets surveyed saw declines, compared with 41 in July and 14 in June. The majority of...

Economists are increasingly upbeat about the U.S. economy, with a growing consensus that the country is headed for what is known as a soft landing. In the latest quarterly survey conducted by The Wall Street Journal, 65 economists have collectively lowered their recession probability forecast for...

In the ever-evolving economic landscape, the debate between a short recession and a prolonged stagnation, or "soft landing," has taken center stage. What Happened: Frances Donald, chief economist at Manulife Investment Management (NYSE: MFC), recently offered a fresh perspective on...

Planning for retirement is a complicated process even in a good economy. If you live through a recession, it can potentially throw your retirement plan off and force you to redesign your entire savings plan. Therefore, you should be familiar with the potential consequences and know how to protect...