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Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his lifetime.
Bloomberg Economics sees near certainty downturn will start
...and cascading financial crises'
The sudden collapse of prices. The Great Depression began with the collapse of stock market prices in 1929. That was preceded by the collapse of agricultural prices in the United States during the 1920s.
The parabolic ascent of the U.S. dollar (USD) against all currencies and commodities, however, contains the seeds of its own demise...
Today, the Bank of England made a series of statements more likely to cause liquidity problems than solve them, at least in the short term.
...At The Seams
Don't Worry, We Have Ben Bernanke To Guide Us Through"
Black Friday is dead. Retail as we know it will never be the same. It never fails that this time of the year people want to shop for the holidays and look for great deals. The only problem is the stores are not going to participate. They're so desp
There is a growing realisation that the world faces a combination of persistent inflation of prices and a recession at the same time.
... For 2nd Time In 2 Weeks. "We expect there to be downward adjustments to volume forecasts,"
"We're in a period of global gloom, with pessimism blanketing different countries for different reasons."
Economic indicators are pointing to a recession or worse. What will 12 months from now look like?
The Federal Reserve has a long record of mistaken decisions. Unless the Federal Reserve's intent is to collapse the economy, the current policy of higher interest rates will go down as the most mistaken reading of the economy since the Great Depre
EMERGENCY FRIDAY BROADCAST: FedEx Confirms Global Economy In FREEFALL! Tune In & Learn How to Stop The Great Reset Before It's Too Late! – FULL SHOW 9/16/22
"We are a reflection of everybody else's business, especially the high-value economy in the world"
"Everything points to another 75 basis-point rate hike by the Fed when it meets next week. The likelihood that it will have to go 'big' again in November is elevated, too."
"SNAP is a U.S. government program that provides benefits to eligible low-income individuals and families via an electronic benefits transfer card that can be used like a debit card to purchase eligible food in authorized retail food stores. Servic
In late 2008, at the start of the Great Economic Recession, Queen Elizabeth famously berated the economics profession for not having warned her of a major world economic and financial market crisis.
...On Wall Street. Do you remember the panic that swept through Wall Street in September 2008? Well, a lot of people believe that it is starting to happen again.
Recession or DEPRESSION? The number of Americans taking out loans just to buy groceries has DOUBLED this year
(Spoiler Alert: The Next Economic Crisis Has Already Begun)
Bed Bath & Beyond on Wednesday announced swift and significant steps it is taking to try to revive its struggling business, including layoffs, store closures and a shake-up of the brands on its shelves.
It was another red day in markets yesterday despite a positive start, as the post-Jackson Hole hangover continues to bite.
As this summer of optimism draws to a close, the Fed path and recession fears are returning to the fore.
An overwhelming number of economists think a recession will hit the United States by the middle of next year, according to a survey by The National Association for Business Economics (NABE) published on Monday.
Even by the government's own inaccurate figures, the currency is losing value at nearly 10% per year. It's hard for even an honest observer to put his finger on what a recession is when a currency is dropping radically by an indeterminate amount.
