Search Result for “economic recession”

When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down.  It is just basic economics.  Governments around …
Read More

Did you know that there are some U.S. states that have already officially fallen into recession?  Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain.  In particular, any state that is …
Read More

In all my years of writing, I have never seen more economic pessimism than I am seeing right now.  Over the past couple of months there has been a monumental shift in public sentiment, and now just about everyone realizes that we are heading into very troubled economic times.  Of …
Read More

Have you ever heard of a survey where 100 percent of the respondents agree?  I can’t ever recall seeing one like that, but as you will see below, 100 percent of the corporate CFOs that were just surveyed by CNBC believe that a recession is coming by the end of …
Read More

We haven’t seen anything like this in decades.  Energy prices are soaring to unprecedented heights.  Food shortages in some parts of the world are starting to become quite severe.  Rampant inflation is out of control all over the globe.  Meanwhile, economic activity is slowing down everywhere that you look.  Some are comparing …
Read More

I hope that you are enjoying these beautiful summer weekends while you still can, because it appears that very troubled times are dead ahead.  Simultaneously, inflation continues to spiral out of control even as economic activity in the U.S. dramatically slows down.  Many have compared what we are currently experiencing …
Read More

If you thought that the economic news was crazy during the first half of 2022, just wait until we get to the second half.  So many of the problems that we are experiencing now are going to continue to intensify, and Americans are becoming more pessimistic about economic conditions with …
Read More

Should the fact that the U.S. economy actually contracted during the first quarter actually surprise any of us?  Since the start of 2022, there has been crisis after crisis, and now the war in Ukraine is depressing economic activity all over the planet.  What we are facing could most definitely …
Read More

Memories of the very painful recession of 2020 are still quite fresh, and now we are being warned to brace ourselves for the possibility of yet another recession in 2022.  Unfortunately, a lot of things are going wrong all at the same time.  The Federal Reserve and other global central banks are …
Read More

We are just coming out of “the COVID recession”, and now we are being told that another recession could be just around the corner.  Thanks to overly harsh pandemic restrictions, widespread shortages and millions of workers that appear to have disappeared from the system somehow, economic activity is slowing down …
Read More