Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn’t Be Surprised if Stocks Fell 40%

Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn't Be Surprised if Stocks Fell 40%The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months.” Furthermore, the […]

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US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be '10x Worse Than the Great Depression'Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.” While Wall Street Fears […]

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Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’

While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke records and nickel tapped an 11-year high. […]

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