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The Goldman economist who predicted the financial crash and soft landing says AI will be good for the U.S. economy but will ‘destroy employment in some areas’ Paolo Confino March 19, 2024 at 1 ...
An economic depression refers to “a severe, sustained period of economic weakness.” The last one, the Great Depression, technically ran from October 1929 to 1933, but the U.S.’s economy didn ...
Rich Dad is sounding the alarm, again. 'END OF THE AMERICAN EMPIRE?': Robert Kiyosaki warns the S&P 500 is 'about to crash by 70%' — compares the US economy to the fall of ancient Rome and says ...
As 2023 draws to a close, investors who remained in the stock market have reasons to celebrate. The S&P 500 has surged 25% year to date, the Dow is up 13%, while the tech-heavy Nasdaq has shot up 44%.
However, analysts are split today on whether a Trump 2.0 agenda would be a positive or a negative for the market and the economy. A Trump win could fuel hopes that the Trump tax cuts will be extended.
Retail sales once again topped estimates for the month of October, GDP remains strong, the unemployment rate continues to hover at around 4%, and inflation has moderated despite its bumpy path ...
Back to a time when good economic news is "good news" for stocks. But it's a delicate balance. Too much strength could mean once again seeing good news framed as the precursor to an inflation rebound.
The Biden campaign is taking aim at former President Donald Trump over the economy, blasting his recent prediction that the economy will crash – and his hope it would happen before he would take ...