"...events might eventually prove those recession forecasts to be correct, although I would say not until mid-2020 at the earliest, and a recession at that time remains just a possibility..."
"Climate change has significant consequences for the U.S. economy and financial sector through slowing productivity growth, asset revaluations and sectoral reallocations of business activity."
...people in government generally do not want the public to know when the system is in decline because this looks bad for them. They prefer to rig statistical indicators as much as possible and hope that no one notices...
While US consumers appeared to be repaying their credit card debt after a rather aggressive binge earlier in the year, when it comes to student and auto loans, there were no surprises.
Are investors more likely to lose money betting on an aging company that owes the banks money or in today’s bell-ringing darlings of Wall Street?We decided to run the numbers and see...
Latin America is plagued with many endemic economic problems. As a result, slow growth and economic instability are the order of the day. Latin America is sinking. In the grand scheme of things, it’s become irrelevant.
The Dow is up 300 points, accelerating in the last few minutes after US officials confirmed China's overnight comments that a phase one trade deal would include tariff rollbacks...