Categoría: Recession

‘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......

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, has warned that the U.S. 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 banks......

El FMI espera que la economía de EE. UU. experimente una alta inflación durante al menos uno o dos años más

The International Monetary Fund (FMI) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,IMF First Deputy Managing Director Gita Gopinath cautioned.......

230 Economistas advierten que la ley de reducción de la inflación propuesta por el gobierno de EE. UU. impulsará la inflación

Last week, Democrats unveiled climate and health care legislation called theInflation Reduction Act,” and theres a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the......

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’

Deutsche Bank has updated its recession forecast. The banks economists now seean earlier and somewhat more severe recessionthan previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning......

La presidenta de la Fed de Cleveland, Loretta Mester, "no predice una recesión",dice que la inflación bajará

Cleveland Federal Reserve Bank president Loretta Mester doesnt think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained......

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus......

IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’

In a report published on Saturday, el Fondo Monetario Internacional (FMI) has warned that an ongoing war in Europe and associated sanctions will have asevere impact on the global economy.The IMFs report says there isextraordinary uncertaintyin the......