The coronavirus pandemic and related economic shock have led consumers and investors to squirrel away cash to the tune of $20 trillion, and the higher rate could exert downward pressure…
Tag: recession
A Recession is On the Way
An article in Financial Advisor magazine argues that a recession—and maybe a bear market—are on the horizon, predicting a “two-thirds probability” for a business downturn starting this year. The article…
Powerful Recession Signal Getting Wall Street's Attention
The yield curve—the difference between short-term and long-term government bond yields—is “perilously close to predicting a recession—something it has done before with surprising accuracy,” says a recent article in The…
U.S. Recession in the Offing?
A recent Bloomberg article reports that an economic contraction could be coming as soon as next year, citing the Fed, the flattening yield curve, corporate leverage and tariffs as contributing…
Ray Dalio Says Recession Risks on the Rise
Billionaire Ray Dalio recently said that the Fed’s response to strong economic data and increased fiscal spending could lead to an “economic slowdown.” This according to a CNBC article. Dalio,…
Sonders Says Recession Risk is Low
Although there are those that believe the U.S. is on the brink of recession, Liz Ann Sonders, Charles Schwab’s chief investment strategist, says the risk is low. This according to…
Billionaire Sam Zell Sees Recession Next Year
Billionaire real estate investor Sam Zell, who profited from selling just before the 2008 crisis and buying just after, predicts that global forces will lead to a U.S. recession next…
Is the Weakness in High Yield Signaling a Recession?
The Wall Street Journal notes that U.S corporate high-yield bonds are down 2% this year, which would be only the fifth annual loss on a total-return basis since 1995.…
Recession Over? Top Strategist Says 'Yes' -- Cautiously
Liz Ann Sonders, the chief investment strategist for Charles Schwab & Co. — who accurately called the start of the current recession in December 2007 — says she thinks the…