Economist Gary Shilling, who called several recent recessions, says the nation is probably already in a downturn. He cites recently weak job growth.
Similar Stories to Is The U.s. Already In A Recession? This Economist Thinks It's Possible. on Bing News
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Tue, 06/25/2019 - 2:43pm
BING NEWS:
- The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard-landing, one top forecaster warns.
04/29/2024 - 3:31 am | View Link - Affluent Americans are driving the U.S. economy and likely delaying the need for Fed rate cuts
Benefiting from outsize gains in the stock and housing markets over the past several years, older Americans are accounting for a larger share of consumer spending than ever before.
04/29/2024 - 12:43 am | View Link - Fed in a holding pattern as inflation delays approach to any soft landing
Inflation showing no recent sign of slowing or narrowing in scope leaves U.S. Federal Reserve policymakers challenged this week over how to characterize their next steps even as the countdown to a ...
04/28/2024 - 10:10 pm | View Link - Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Consider that household wealth grew by an average of 5.5% a year in the decade after the 2008-2009 Great Recession but that since 2018 ... gains even in crypto,” said Torsten Slok, chief economist at ...
04/28/2024 - 8:25 pm | View Link - Stagflation Spectre Haunts US Economy: Experts Warn On Slow Growth And Inflation After Fed Officials Float Rate Hike Ideas
The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession.
04/28/2024 - 4:50 pm | View Link - More
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