“There is no chance we’re having a soft landing in the context of the most pernicious tightening by the Fed since the Paul Volcker years,” Rosenberg says. It’s equally interesting to hear Dimon talk about how great things are when the pace of bank lending, in the aggregate, is heading towards negative territory on a […]
Fed economists just rang the alarm on the historic percentage of distressed US companies. Around 37% of firms are in major trouble, which could worsen the fallout from the Fed’s rate hikes. Investment, employment, and economic activity could all take a significant hit, researchers said. (Markets Insider) Federal Reserve economists just said a historic surge
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Gold, Silver, Bitcoin assets are his ‘best insurance’ against Economic Crash Landing. US economy, believes worst-case scenario will play out Kiyosaki’s top pick is gold, gold serves as an anchor for portfolios built to maximize wealth protection From 1974 to 2008, there were eight years when inflation in the U.S. was considered abnormally high. Gold
Americans consider gold the second-best long-term investment option, according to a recent Gallup poll. Gold beat out stocks, bonds, and savings accounts. On the contrary, the number of Americans naming gold as the best long-term investment almost doubled this year from last. Street speculated that inflation pressure on US consumers may be driving demand as people seek
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“We have never escaped a recession from this point,” JPMorgan economists are telling clients about one indicator, noting stocks have never hit a low before the Fed has stopped hiking interest rates. Despite growing hopes the U.S. may ultimately avoid an anxiously anticipated recession, JPMorgan economists are warning clients that a flurry of indicators are
