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S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse,…

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Bitcoin price slips under $19K as official data confirms US recession

Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now.

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Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’

U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long time,” he said, noting that inflation has not spiked for…

Continue ReadingBiden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’

Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in…

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IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two

The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point…

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Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession

A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue…

Continue ReadingStifel Financial: 97% of US Executives Surveyed Are Bracing for Recession