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3232Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector
https://www.digit.info/moodys-warns-of-potential-financial-disruption-spillover-beyond-us-banking-sector/
Sat, 25 Mar 2023 10:00:07 +0000https://www.digit.info/2023/03/25/moodys-warns-of-potential-financial-disruption-spillover-beyond-us-banking-sector/Read more]]>Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail […]
]]>Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning
https://www.digit.info/blackrock-warns-of-unprecedented-recession-for-2023-bull-markets-not-returning/
Tue, 13 Dec 2022 08:30:29 +0000https://www.digit.info/2022/12/13/blackrock-warns-of-unprecedented-recession-for-2023-bull-markets-not-returning/Read more]]>Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world defined by a supply-based economy […]