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3232Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’
https://www.digit.info/commodity-strategist-warns-us-economy-heading-toward-severe-deflationary-recession/
Fri, 21 Apr 2023 01:15:02 +0000https://www.digit.info/2023/04/21/commodity-strategist-warns-us-economy-heading-toward-severe-deflationary-recession/Read more]]>Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the Fed has already been easing, and they’re still vigilant against that,” he cautioned. Strategist […]
]]>Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
https://www.digit.info/strategist-expects-us-recession-by-year-end-fed-tightening-to-drag-down-economy/
Tue, 11 Apr 2023 06:30:57 +0000https://www.digit.info/2023/04/11/strategist-expects-us-recession-by-year-end-fed-tightening-to-drag-down-economy/Read more]]>Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will drag down on the economy.” Strategist’s Recession and Rate Hike Predictions […]
]]>Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
https://www.digit.info/commodity-strategist-mike-mcglone-says-cryptocurrencies-may-be-facing-their-first-real-recession/
Thu, 09 Feb 2023 00:30:46 +0000https://www.digit.info/2023/02/09/commodity-strategist-mike-mcglone-says-cryptocurrencies-may-be-facing-their-first-real-recession/Read more]]>Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added. ‘Cryptos May Be Facing Their First Real Recession’ Bloomberg Intelligence (BI), the research arm […]
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the Fed has already been easing, and they’re still vigilant against that,” he cautioned. Strategist […]
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will drag down on the economy.” Strategist’s Recession and Rate Hike Predictions […]
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added. ‘Cryptos May Be Facing Their First Real Recession’ Bloomberg Intelligence (BI), the research arm […]