Search Result for “recession”

It is definitely starting to look a lot like 2008 and 2009 again.  Those years were such a painful time for our country, and in many ways we still haven’t fully recovered from the damage that was inflicted upon us during that era.  Unfortunately, so many of the exact same …
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A lot of the talking heads on television seem to think that the threat of a recession has passed.  So exactly why have these talking heads come to such a ridiculous conclusion?  Well, they figure that if a recession hasn’t started by now we are probably in relatively good shape.  …
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The Biden administration is trying really hard to convince us th at the U.S. economy is doing just fine, but the numbers just keep getting worse and worse.  Consumer confidence is plummeting, large corporations are conducting mass layoffs all over the country, and major retailers are really struggling right now.  …
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Are you deeply struggling right now?  If so, I want you to know that you are not alone.  The things that I am about to share with you are not meant to be depressing.  Rather, I hope that you will be encouraged to see that there are countless others in …
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Is a recession coming? Is this the calm before the storm? JPMorgan Asset Management Global Head of Fixed Income Bob Michele said that today’s economic climate calls to mind the lull seen in the 2008 financial crisis. Michele, who manages more than $700 billion worth of assets for JPMorgan, thinks the …
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If they are actually telling us that a recession is coming this time around, how bad is it going to be?  In 2008, officials kept assuring us over and over again that there wouldn’t be a recession, and then we plunged into the greatest economic downturn since the Great Depression …
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If virtually everyone is expecting a recession, and most people start acting accordingly, do you think that will make an economic downturn less likely or more likely?  Needless to say, the answer to that question is obvious.  Right now, banks all over the country are getting really tight with their …
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Economists at the Federal Reserve (the United States central bank) said they expect a “mild” recession later this year, an escalation from their previous assessment. The staff expects the economy to dip into recession following the “banking crisis” that is likely not over yet. “Given their assessment of the potential …
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It appears that the tsunami of layoffs that started late last year is starting to accelerate.  January was a horrible month for job losses, and major layoff announcements are coming fast and furious here in February.  But of course the Biden administration would have us believe that everything is just fine.  …
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All of the things that we would expect to see at the start of a major economic downturn are happening.  Retail sales are falling, auto sales have been way down, and the housing market is starting to crash like it did in 2008.  But unlike the last recession, we are …
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