This is an excerpt adapted from “WOMEN MONEY POWER: The Rise and Fall of Economic Equality.” When Lehman Brothers filed for bankruptcy in the fall of 2008, jolting an already ailing global…
Tag: recession
The S&P 500 looks risky, there’s a 75% chance of recession this year, and a firing frenzy is looming, elite investor Jeffrey Gundlach says
Jeffrey Gundlach says the S&P 500 is a bad bet now and the Magnificent Seven will probably falter. The investor sees a 75% chance of a recession this year based on the…
The yellow metal will continue to sparkle in the new year
Experts say some short-term correction from the all-time high in the next few months should offer an entry point. Apart from gold’s safe haven status, de-dollarisation is also adding to its lustre….
The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says
The downturn in the US housing market isn’t ending anytime soon, Fannie Mae warned. That’s because mortgage rates are set to stay elevated if the US avoids a recession. The housing market…