On April 12, 2023, the IMF issued a warning, urging member countries to continue tightening monetary policy in order to combat stubbornly high inflation, saying that hidden financial system vulnerabilities could explode into a new
CBO estimates: US Budget Deficit hits $1.1 trillion over 6 months
The Congressional Budget Office (CBO) estimated in a report released on Monday that the federal budget deficit surpassed $1.1 trillion in the first half of fiscal 2023. According to the agency, the estimate is $430
The Stock Market’s Downside Risk is the Highest it has been in a Year.
Mike Wilson, Morgan Stanley’s chief stock strategist, says the market faces earnings pressure and investors should not be misled by tech rally. According to Wilson, the downside risk to the stock market is at its
Recession Caller Grantham Predicts How Fed’s Forced Rate Cut Will Harm Not Help Stock Market
According renowned investor, Jeremy Grantham, who perfectly called the 2000 dot-com bust and the 2008 Great Recession stated, “when the Fed begins lowering interest rates, the stock market bubble crash will only be partially over
Is the Economy Headed for Disaster? Here Are Possible Reasons Why.
What is the fitness level of the current United States economy? It is a challenging question to answer correctly. The right answer is probably somewhere between “it is not good” and “it is not bad.”
Moody’s Prediction: Housing Market Headed Down.
Home Prices will fall in the US in 2023 and 2024 according to Moody’s predictions. Current home prices dropped 12% from June of 2022 to the end of February this year. With sales falling in
Hussman called 2000 & 2008 crashes; he warns of the current stock-sell off.
The president of Hussman Investment Trust, John Hussman, is sure the bear market we are currently experiencing is “not over by a long shot.” The S&P 500 is down 17% from its peak, which occurred
Is Schwab Really Different than Silicon Valley Bank?
There are several differences between the two banks at first glance: Charles Schwab Corporation mass majority of clients (80%) deposits are not over the $250,000 FDIC cap. Schwab does not seem to be over its
Bank Of Japan’s $3 Trillion Move Could Shake World Economy
A decision by Haruhiko Kuroda, Bank of Japan’s governor, to put almost $3.5 trillion of Japanese money into the global investments changed the financial markets around the world. Now, the new BOJ head, Kazuo Udea,
91% of CEOs are Bracing for Recession
Majority of CEOs Anticipate a Recession The view from the C-suite looks grim for the economy. KPMG conducted a survey of 400 CEOs. It found that 91% of them predict a recession in the next