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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 […]
]]>Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months
https://www.digit.info/tesla-ceo-elon-musk-says-inflation-has-peaked-but-well-have-a-recession-for-18-months/
Mon, 08 Aug 2022 01:30:40 +0000https://www.digit.info/2022/08/08/tesla-ceo-elon-musk-says-inflation-has-peaked-but-well-have-a-recession-for-18-months/Read more]]>Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.” Elon Musk Explains Why He Thinks […]
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 […]
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.” Elon Musk Explains Why He Thinks […]