Manufacturing Output Unexpectedly Declines
Data from the Federal Reserve showed manufacturing contracted in May, confirming indications of decline seen in other regional Fed reports the previous month. In its monthly report on industrial output,…
Trends Make The Portfolio
Data from the Federal Reserve showed manufacturing contracted in May, confirming indications of decline seen in other regional Fed reports the previous month. In its monthly report on industrial output,…
Stocks in Europe gained through some volatility on Monday as Investors measured whether bad news from last week on inflation and slowing growth, was finally priced in. After the Stoxx…
The meme stock frenzy may now be coming to a close, as those who bought in head for the exits ahead of a declining economy and a dropping market. 25%…
CEOs are increasingly growing fearful of a coming recession, and some say they think the recession has already begun. According to a survey from the Conference Board released Friday, A…
Bitcoin Champion Michael Novogratz says he sees a “fast recession” coming to the economy. In an interview, Novogratz said, “The economy is going to collapse. We are going to go…
Deutsche Bank Chief U.S. economist Matt Luzzetti was the first economist to predict a recession in 2023, however now he is moving up his prediction for the coming economic contraction.…
According to a new poll by the Financial Times and the University of Chicago’s Booth School of Business, 70% of the 49 economists polled believe the United States will enter a…
Stock futures rose on Friday, following a rough week of losses. S&P 500 futures rose 0.95% as Nasdaq 100 futures gained 1.1%, and Dow Jones Industrial Average futures gained 246…
Robinhood stock dropped to $7 per share, putting its market value as less than its cash on hand, as tech and growth assets deflate and investors fret over rising inflation…
Former Federal Reserve Governor Robert Heller was on CNBC, giving a dire prediction for the state of the economy. Asked if the 75 basis point hike would be enough to…