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The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
The much-anticipated recession of 2023 has yet to materialize. Some of the latest economic data point to more signs of strength than weakness. One strategist has a term for what that says about ...
“We don’t really see [a recession] happening until next year, and that means the markets aren’t going to be pricing in that potential outcome for a while yet,” Morris said. Yaseen Shah is ...
Read on to learn why there’s a disconnect between economic data and consumer sentiment. The current state of the economy As of this writing, the U.S. economy is not in a recession.
The dynamic captures the confusing state of the U.S. economy, as the Federal Reserve aggressively fights inflation with interest rate hikes that aim to slash prices by slowing demand and risking a ...
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way.
Here's why tomorrow could be a big day. A last look for the Fed At 8:30 a.m. on Nov. 1, the U.S. Bureau of Labor Statistics will release October data for U.S. nonfarm payrolls, or the "jobs report."
Recession fears eased over the past week after a weak payroll report initially set off alarms, but concerns continue to linger. For instance, gold prices have set fresh record highs , due in part ...