Announcing the John Z “Double Your Donations” Challenge! | naked capitalism
Generous reader John Z volunteered early to amplify this fundraiser. He had an unexpected windfall this year and wanted to give some of it to Naked Capitalism. As he said,…
Jackson Hole Notebook: U.S. economy likely to sink into a recession in coming months, former IMF chief economist says
The odds are high that the United States economy will sink into a recession sometime within in the next year, according to a former chief economist for the International Monetary…
U.S. economy slows again, S&P finds, due to high inflation and rising interest rates
The numbers: U.S. businesses grew more slowly in August as high inflation and rising interest rates spurred customers to curb spending, a pair of surveys showed on Tuesday. The S&P…
‘The pause has meant everything.’ But what happens to borrowers – and the economy – if Biden lets student loan payments resume after August 31?
There’s less than two weeks until the latest pause on federal student loan payments is set to expire on August 31. No need to tell Cassie Smith. The chance of…
While The Economy Tanks And Gamblers Chase Memes, Gold, Silver & Miners Are Historically Cheap
Sharing is Caring! by Dave Kranzler of Investment Research Dynamics with Jason Burack Despite the highly massaged CPI report last week, inflation remains entrenched and persistent at a historically level. Meanwhile, the economy continues to…
The U.S. economy is still sluggish — leading indicators fall for fifth month in a row
The numbers: The U.S. leading index fell by 0.4% in July to mark the fifth decline in a row, reflecting a slowdown in the economy tied to rising interest rates and…
Cheaper gas stunts retail sales in July — but it’s good news for the U.S. economy
The numbers: Sales at U.S. retailers fell flat in July, but largely because of cheaper gasoline and fewer purchases of new cars and trucks. Sales were stronger at other businesses,…
It will be months before smaller rent increases show up in inflation data — and this raises the risk of a hard landing for the economy
As expected, U.S. inflation – both headline and core – moderated in July, according to the latest Consumer Price Index (CPI) data. And assuming global food and energy commodity prices…
Reuters reveals Bank of England would sell gilts even if it cuts rates in future, Ramsden says – Reuters News Agency
Economy 09 August 2022, 2:53 pm. 1 minute By Reuters News Agency Reuters exclusively revealed the Bank of England (BoE) would press on with plans to gradually sell its vast…
The Truth About the US “Economy”
Sharing is Caring! by Chris Black The USA has been in a terminal decline since 1971. The offshoring of the foundation of the US economy began in earnest. Everyone alive…