Bank Of America Chief Warns US Recession To Begin In Q3
In a recent speech, the head of Bank of America has warned that the US is facing the prospect of an economic downturn which may begin in the third quarter…
US Economists Predict Stagflation For Europe
Renowned economist Jeffrey Sachs is warning on his YouTube channel that the Eurozone is on the cusp of stagflation. Stagflation is an economic condition consisting of stagnant economic growth, persistently…
Dr Doom Sees A Perfect Storm Coming
Famed economist and professor at New York University Nouriel Roubini stated in an interview with Australia’s ABC on Thursday, that the global economy is facing a “perfect storm” of rising…
Fitch Predicts Recession In Major Western Economies
On Thursday, Bloomberg reorted that Fitch is expecting Germany and Italy to slide into recession by year’s end, as inflation continues to rise. James McCormack, the head of sovereigns and…
Morgan Stanley Says Stock Prices In Death Zone, Will Collapse
One of Morgan Stanley’s top strategists is warning that US stocks are at unsustainable highs, and may crash by as much as 26% within months. The Chief US Equity Strategist…
Jeffrey Gundlach Says Hard Landing Coming
Bond king Jeffrey Gundlach, Founder and CEO of Doubleline Capital, said in an interview with Yahoo Finance that he is bracing for a hard economic landing. “We have been preparing…
Doubleline Capital Director Says No-Landing Scenario Good For Emerging Market Debt
Luz Padilla, the international fixed income director of Doubleline Capital, says emerging market bonds will continue to perform well, so long as the Federal Reserve’s interest rate hikes do not…
Both Goldman And BofA Predict More Rate Hikes Coming
Goldman Sachs and Bank of America are now predicting that the US Federal Reserve will raise interest rates three more times before the end of this year, following new data…
Robert Kiyosaki Predicts Financial Collapse Coming, Dollar To Lose Value
Robert Kiyosaki, the famous economist and co-author of Rich Dad, Poor Dad, is issuing a warning to investors that we are on the cusp of a major market crash, after…
Yellen Says Jobs Growth Means Soft Landing Is Possible
On Monday, US Treasury Secretary Janet Yellen painted a rosy picture for the US economy’s future during an interview with ABC’s Good Morning America, when she said she saw a…
