Federal Reserve officials could be placing too much emphasis on the past when trying to guide the U.S. economy into the future, according to a Bank of America analysis. www.cnbc.com/2021/10/21/bank-of-america-says-the-fed-is-playing-with-fire-by-downplaying-inflation-and-needs-a-new-playbook.html
America is ALREADY in a recession that could be as bad as 2008: Dartmouth College prof David Blanchflower warns that the real state of the economy has been skewed by
(Bloomberg) — A decline in consumer expectations suggests the U.S. economy is in recession even though employment and wage growth indicate otherwise, according a new study co-authored by a former
“Treasury Secretary Janet Yellen told CNBC on Tuesday that the U.S. could face a recession if Congress fails to raise the debt ceiling by Oct. 18.” “The U.S. has never
Since 2008, the government has decided that the economy never goes into recession and will borrow and print dollars to make that the case. Fiscal caution has been thrown away.
S&P 500 return dispersions tend to get very low about 1-2 years before a #recession and #bearmarket. Could we be getting that close again already? If so, then March 2020
Something doesn’t add up. And at the core of this charade is the fact that the U.S. economy is hooked on artificially low interest rates. You see, the damage from