Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recessionby any definition.Michael Burry’s

Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’

Economist Peter Schiff has predicted that the U.S. dollar will haveone of its worst years ever” en 2023, warning that the inflation problem isabout to get much worse.He also shared his prediction about the worst-performing sectors of the

‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned aboutan extended multi-year recession” en los EE.UU. He believes there isn’t a strategy to pull us out ofthis real recession.Michael Burry’s Recession Warning Famous

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

Los Estados Unidos. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) por 75 puntos básicos (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on

JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Meses, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

The CEO of global investment bank JPMorgan, jamie dimon, ha advertido que EE.. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%….

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Este Dia’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Robert Kiyosaki Says in Cash Position Waiting to Buy Bitcoin — Asset Prices Are Crashing, ‘Greatest Sale on Earth’ Incoming

The famous author of the best-selling book Rich Dad Poor Dad, Roberto Kiyosaki, has advised investors not to missthe greatest sale on earth.He said asset prices are crashing and indicated that he is waiting in cash position to pick

Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds

Tesla and Spacex CEO Elon Musk says he has asuper bad feelingabout the U.S. economía. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon. elon…