Posts Tagged ‘recession’
Talk About BS: JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience
BanksterCrime: JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024. JPMorgan Foresees U.S. Economic Growth Amid ‘Ridiculous’ Fitch Downgrade and Recession Fears…
Read More
Us Inflation Cools, Spending Stagnates as Economy Loses Steam
The Federal Reserve’s preferred measures of U.S. inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum. The personal consumption expenditures price index rose 0.1% in May, Commerce Department figures showed Friday. From a year ago, the measure eased to the slowest pace in more than two years. Consumer spending,…
Read More
Snyder: “Brace For Impact!” The US Economy Is Going Down, And It’s Going Down Hard…
I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to keep us from officially…
Read More
Markets Are Subject to a Giant Con Game, the Game of Confidence
If the Christian wants to know God’s will, he turns to the Bible. If the Christian wants to discern right from wrong, he turns to the Bible…. Heading into a global recession first and then a US recession to follow. Consider the macro context here: Nine major economies are either in a recession or on the…
Read More
RPT-How to say the ‘R-word’: bank executives grapple with recession talk
Faith and fear cannot exist together. Faith is described in Hebrews 11:1 as being “certain of what we do not see.” It is an absolute belief that God is constantly working behind the scenes in every area of our lives, even when there is no tangible evidence to support that fact. On the other hand, fear, simply…
Read More