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The CEO of the biggest US bank became the latest Wall Street boss to downplay worries that this week's volatility reflects an unhealthy economy but noted that a coming recession was still possible.
The idea of a coming recession may be scary, and understandably so. The good news is that there's no guarantee the economy will decline in the coming year, despite the Fed's projections.
Late last year, Jim Cramer declared — on behalf of Federal Reserve chief Jerome Powell — that the U.S. economy has achieved a soft landing and the long-feared recession is not coming.
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
Inflation, rising interest rates, the ongoing Ukraine war and the continuing pandemic are raising concerns. Here's what the economic experts say.
The Sahm Rule, developed by economist Claudia Sahm, says that the US economy has entered a recession if the three-month average of the national unemployment rate has risen 0.5% or more from the ...
The most reliable warning signs won't flare until a downturn is almost here.
The veteran investor made his name predicting the dotcom crash of 2001 and the Global Financial Crisis of 2008, but is also known for making some off-base, or at least premature, market bubble ...