Tag: severe recession
Jamie Dimon on the Significant Role of AI in Finance
In an interview with CNBC’s Leslie Picker at J.P. Morgan’s 2024 Global Emerging Markets Corporate Conference (February 26-28, 2024) in Miami, Florida, Jamie Dimon,...
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Ominous Indicator Suggests US Economy Heading Toward Severe Recession: Bloomberg Analyst – The Daily Hodl
Bloomberg analyst Mike McGlone says there are hints that a severe contraction of the American economy is approaching.
The commodities expert says on the social...
$541,000,000,000 Will Exit US Banking System in ‘Severely Adverse’ Scenario, Warns Federal Reserve – The Daily Hodl
The Federal Reserve says more than half a trillion dollars will exit the American banking system in its “severely adverse” scenario.
The Fed just released...
US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in...
Bloomberg Analyst Says Great Set Up Forming for Bitcoin (BTC) Before 2024 Halving
Bloomberg Intelligence senior macro strategist Mike McGlone says the stage is being set for a strong Bitcoin (BTC) performance next year.
In a new interview...
Economist David Rosenberg Warns of ‘Crash Landing’ and Recession, Citing Fed Data
Famed economist David Rosenberg has warned of a “crash landing” and an impending recession for the U.S. economy. Referring to the Philadelphia Fed’s...
US Open: Stocks still jittery on banking woes, Inflation expectation fall to lowest levels in nearly 2 years, Crude struggles, Gold shines, Bitcoin eyes...
US stocks are weakening on fears that this week’s banking turmoil will lead to tighter lending standards that will cripple small businesses and...
Mid-Market Update: Stocks fall as banking worries persist, Credit Suisse crisis, Euro plunges, Oil crashes through $70, Gold demand surges, Bitcoin softer
US stocks are dropping as Wall Street anticipates further global banking turmoil after Credit Suisse fails to secure additional capital and their CDS...
US Open: Stocks turn positive after Jobless Claims rise, Biden’s Budget DOA, Yen strength, Oil rebounds, Gold stabilizes, Crypto pain post Silvergate liquidation
US stocks erased losses after some softening labor data helped cool down this week’s surging Fed rate hike bets. Wall Street is hoping...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes
Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes....
Global Events That Will Impact Crypto This Week
The crypto market witnessed a splendid recovery, starting the year with positive sentiment among traders. A broader market rally continued over the month...
Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’
Economist Peter Schiff has predicted that the U.S. dollar will have “one of its worst years ever” in 2023, warning that the inflation...
Elon Musk: Recent Fed Rate Hikes may Go Down in History as Most Damaging Ever
Dec 24, 2022 11:56 UTC
| Updated:
Dec 24, 2022 at 11:56 UTC
By Clark
Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s recent rate hikes...