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The yield curve disinverted this week, suggesting an economic recession may be near. Historically, yield curve disinversions have preceded every economic recession since 1976.
The CEO of the biggest US bank became the latest Wall Street boss to downplay worries that this week's volatility reflects an unhealthy economy but noted that a coming recession was still possible.
This week, those alarming trends collided with another major data point showing U.S. gross domestic product shrank in the first quarter of 2022. ... "Recession risks are low now but elevated in ...
"Even though today we're not in a recession, the trajectory of the U.S. is one of a slowdown," Daco noted. "Whether payrolls, the unemployment rate, layoffs, they all point to a slowdown in ...
But the Sahm Rule says the pace of increase in recent months would normally mean we’re in a recession now. This time is (probably) different. Even Claudia Sahm, the economist who created the ...
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. One chart shows why an official recession ...
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Wednesday:MBA Mortgage Applications, week ended June 17 (-6.6% during prior week) Thursday: Current Account Balance, Q1 (-$279.0 billion expected, -$217.9 billion during prior quarter), Initial ...