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3232Strategist 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 […]
]]>Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
https://www.digit.info/study-55-of-americans-believe-they-will-lose-it-all-if-a-recession-hits-the-united-states/
Thu, 16 Feb 2023 07:00:25 +0000https://www.digit.info/2023/02/16/study-55-of-americans-believe-they-will-lose-it-all-if-a-recession-hits-the-united-states/Read more]]>According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession […]
]]>Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data
https://www.digit.info/gold-outshined-bitcoin-this-month-climbing-6-higher-amid-us-real-estate-slump-lower-cpi-data/
Sat, 19 Nov 2022 18:30:52 +0000https://www.digit.info/2022/11/19/gold-outshined-bitcoin-this-month-climbing-6-higher-amid-us-real-estate-slump-lower-cpi-data/Read more]]>This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to pushing gold’s price up by […]
]]>Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt
https://www.digit.info/euro-area-annual-inflation-jumps-to-9-9-in-september-cost-of-bread-skyrockets-protests-erupt/
Wed, 19 Oct 2022 18:30:22 +0000https://www.digit.info/2022/10/19/euro-area-annual-inflation-jumps-to-9-9-in-september-cost-of-bread-skyrockets-protests-erupt/Read more]]>According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year […]
]]>Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
https://www.digit.info/latest-cpi-data-shows-red-hot-inflation-continues-to-thrive-in-the-us-consumer-prices-jumped-8-2-in-september/
Thu, 13 Oct 2022 15:22:04 +0000https://www.digit.info/2022/10/13/latest-cpi-data-shows-red-hot-inflation-continues-to-thrive-in-the-us-consumer-prices-jumped-8-2-in-september/Read more]]>The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]
]]>Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’
https://www.digit.info/biden-slammed-after-stating-inflation-hasnt-spiked-for-months-i-am-more-optimistic-than-ive-been-in-a-long-time/
Tue, 20 Sep 2022 00:30:51 +0000https://www.digit.info/2022/09/20/biden-slammed-after-stating-inflation-hasnt-spiked-for-months-i-am-more-optimistic-than-ive-been-in-a-long-time/Read more]]>U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long time,” he said, noting that inflation has not spiked for several months. Many people disagree with Biden, with one saying that “families are poorer than when he took office.” US President Joe Biden’s Views on […]
]]>US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
https://www.digit.info/us-inflation-rate-in-august-runs-hot-at-8-3-peter-schiff-says-americas-days-of-sub-2-inflation-are-gone/
Tue, 13 Sep 2022 16:00:16 +0000https://www.digit.info/2022/09/13/us-inflation-rate-in-august-runs-hot-at-8-3-peter-schiff-says-americas-days-of-sub-2-inflation-are-gone/Read more]]>On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of […]
]]>Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
https://www.digit.info/stifel-financial-97-of-us-executives-surveyed-are-bracing-for-recession/
Tue, 23 Aug 2022 01:49:43 +0000https://www.digit.info/2022/08/23/stifel-financial-97-of-us-executives-surveyed-are-bracing-for-recession/Read more]]>A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel Financial Corp. (NYSE: SF) announced the results of […]
]]>Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
https://www.digit.info/russias-gdp-decline-less-severe-than-expected-wall-street-returns-to-russian-bonds-putin-criticizes-us-hegemony/
Wed, 17 Aug 2022 17:30:09 +0000https://www.digit.info/2022/08/17/russias-gdp-decline-less-severe-than-expected-wall-street-returns-to-russian-bonds-putin-criticizes-us-hegemony/Read more]]>While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]
]]>Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’
https://www.digit.info/peter-schiff-warns-us-faces-a-massive-financial-crisis-economist-expects-much-larger-problems-than-2008-when-the-defaults-start/
Mon, 15 Aug 2022 20:00:16 +0000https://www.digit.info/2022/08/15/peter-schiff-warns-us-faces-a-massive-financial-crisis-economist-expects-much-larger-problems-than-2008-when-the-defaults-start/Read more]]>The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did back then, and insists America’s […]
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 […]
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession […]
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to pushing gold’s price up by […]
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year […]
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]
U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long time,” he said, noting that inflation has not spiked for several months. Many people disagree with Biden, with one saying that “families are poorer than when he took office.” US President Joe Biden’s Views on […]
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of […]
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel Financial Corp. (NYSE: SF) announced the results of […]
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did back then, and insists America’s […]