us recession – DIGIT INFO

Bitcoin price loses $60K, but a maturing Wyckoff signal gives hope

DIGIT — Sun, 04 Aug 2024 15:10:26 +0000

The bullish outlook appears despite the ongoing Bitcoin sell-off, which is being led by the growing risks of a recession in the United States.

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Majority of Americans Believe US in Recession, Survey Shows

DIGIT — Thu, 25 Jul 2024 02:30:06 +0000

New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed by complaints from friends and family (50%), reduced spending by peers (36%), and difficulties […]

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Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy

DIGIT — Tue, 11 Apr 2023 06:30:57 +0000

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 […]

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Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

DIGIT — Wed, 25 Jan 2023 18:30:47 +0000

Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]

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IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China

DIGIT — Mon, 02 Jan 2023 04:00:55 +0000

The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like […]

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Survey: 98% of CEOs Preparing for US Recession — Confidence at Lowest Level Since Great Recession

DIGIT — Mon, 17 Oct 2022 05:30:21 +0000

The Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk further to start Q4 and is at its lowest level since the Great Recession,” the organization said. 98% of CEOs Expect Recession in the US […]

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JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

DIGIT — Mon, 10 Oct 2022 23:30:07 +0000

The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s Warnings JPMorgan CEO Jamie Dimon shared his warnings about the […]

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Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year

DIGIT — Sun, 04 Sep 2022 01:30:50 +0000

Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs on Recession and US Economy Deloitte, one of […]

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Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession

DIGIT — Tue, 23 Aug 2022 01:49:43 +0000

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 […]

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Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High

DIGIT — Thu, 14 Jul 2022 23:30:11 +0000

Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a […]

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