Goldman Boosts US Recession Odds After Slashing GDP Forecast
Goldman Sachs is becoming more pessimistic about the economy.
Recent
Every Part of Treasury Curve Is Now Flashing Recession Warnings
The Treasury market is signaling that a recession is all but inevitable, if history is any guide.
UPDATE 1-Citigroup's Finance Chief Sees Mild US Recession in Late 2023
Citigroup Inc Chief Financial Officer Mark Mason told investors on Wednesday he expected the Fed to stay committed to its fight against inflation.
Most People Won’t Even Notice ‘Slight’ Recession
Bank of America CEO predicts most people won’t even notice ‘slight’ recession, but warns interest rates won’t come down for at least a year.
Wall Street’s Most Successful Hedge Fund Just Politely Told Fed Chair Jay Powell to Shut Up
If there was one piece of advice the boss of hedge fund Citadel LLC would give to the Federal Reserve, it would be to stop talking so much.
Bank of America CEO sees U.S. Technical Recession in 3rd Qtr
BofA Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter.
Global Supply Chains Back to Normal After Rocky Three Years, NY Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after Covid-19 was declared a pandemic.
