Hi, everyone. We’re tracking the speculations about recession with a new survey showing that 74% of business economists expect a recession by 2021. Nobel-winning economist
Robert Shiller says the Fed’s rate cut had the opposite intended effect. White House official denies administration is looking at a payroll tax cut in response to the economic downturn. Sales of White Claw hard seltzer have surged 320% since last year. Red Queen from Lewis Carroll’s Through the Looking-Glass, the theory implies that you cannot stop adapting; No advantage will persist forever, and financial terrors could come for your portfolio.
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.
Nobel-winning economist Robert Shiller is taking issue with the Federal Reserve’s rate cut in July, saying it caused psychological harm to the markets.
Top White House officials have started to float a payroll tax cut as a potential means to stem an economic downturn, The Washington Post reported Monday.
Hard seltzer water is the drink of the summer. Studies show there’s been a 210% increase in spending on the entire market compared to last year.
If the Red Queen has taught you anything, it should be that you (and your assets) will never be safe. No advantage will persist forever. While biological terrors will come for your life, financial terrors will come for your portfolio.