‘definitely-not-a-recession’-says-economist-stocks-plow-through-slump

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said.…

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us.-economy-recession-alert:-private-jobs-data-shows-hiring-slowdown

It is widely believed that the U.S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden. First, the Institute for Supply Management’s (ISM) PMI report for September revealed a massive contraction in U.S. manufacturing…

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after-epic-flash-crash,-gold-price-rebounds:-3-reasons-why

The price of gold bounced back sharply on Tuesday, erasing a portion of Monday’s brutal drop after a protracted downturn in the manufacturing sector sapped risk sentiment from the market. Gold for December settlement, the most actively traded futures contract, reached a session high of $1,493.50 a troy ounce on the Comex division of the…

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us.-manufacturing-data-shows-recession-is-almost-here

The calls for a recession in the U.S. are getting stronger by the day, and the latest manufacturing data for the month of September is more fodder for the doomsayers. According to the latest Institute for Supply Management (ISM) PMI report, September manufacturing activity in the U.S. shrunk to its lowest level in over a…

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mark-yusko-doesn’t-buy-trade-deal-optimism,-remains-bullish-on-bitcoin

The final quarter of the year starts with some optimism. The U.S. is said to remove sanctions onIran, and Saudi Arabia is said to make peace with Yemen. On trade, investors are hopeful that a deal will happen. Mark Yusko, the CEO and Chief Investment Officer (CIO) of Morgan Creek Capital, does not buy all…

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billionaire-bond-investor-warns-of-75%-chance-of-2020-recession-crunch

FILE PHOTO: Jeffrey Gundlach is sounding a recession alarm in election year 2020. | Source: REUTERS/Brendan McDermid/File Photo The fear of a US recession has been on the rise of late. Notable economist Robert Shiller recently said that he “wouldn’t be at all surprised” to see the US go into a recession next year, and…

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us.-housing-market-could-be-heading-toward-a-crash-as-prices-start-falling

The latest housing trends paint a bleak picture of U.S. residential real estate. | Source: Shutterstock The U.S. housing market is losing its wheels as consumers seem to be spooked by the possibility of a recession. Economist Robert Shiller has already warned that the U.S. housing market might crash and home prices could start declining.…

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3-reasons-mark-sanford’s-grim-economic-prediction-is-wrong

Republican Trump challenger Mark Sanford is predicting a great economic crisis unseen since the days of the 90-year-old Great Depression. | Source: REUTERS/Kevin Lamarque/File PhotoMark Sanford, former Republican South Carolina Governor, thinks we’re in a heap of trouble. He told “Fox News Sunday” that he predicts “the most significant financial storm… since the Great Depression.”…

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dow-futures-plunge-as-9-recession-alarms-scream-red

The markets are pointing to a weak open after the long Labor Day weekend. | Source: Photo by Don Emmert / AFPDow Jones Industrial Average (DJIA) futures indicate a weak open on Wall Street on Tuesday. After the Labor Day weekend, which saw a fresh round of tariffs imposed on China, traders are returning to…

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google-searches-for-‘recession’-just-hit-a-scary-high

Anyone with a passing interest in the financial markets knows that recession bells are ringing across Wall Street.  And, according to Google search trends, the panic is beginning to spread to the general public. Search volume for the word ‘recession’ shot up in mid-August as the stock market plunged. Using Google’s somewhat mysterious search data,…

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