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Recession

Is the U.S. Headed For Another Recession? (Guest: Dr. Michael Grayson)

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The credit expert discusses the possibility of a recession headed into the Presidential election this fall. Americans already have it tough right now, with a floundering job market that continues to change and inflation making it near impossible to buy housing, let alone afford certain foods and fuel. But there’s a possibility that things could get a little bit rockier later this year or early next. A report by BCA Research reveals that the United … Read more

President Biden’s Mistakes Could Devalue the Dollar As We Know It (Guest: IRAQuote.com Spokesman)

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A spokesperson for IRAQuote.com explains why the President’s costly mistakes could bring more trouble to the American economy. By now, you may have heard about the record contributions that President Joe Biden has planned when it comes to supporting Ukraine in its war against Russia, as well as how he intends to work on immigration reform with additional spending. What you may not realize, however, is that this could cause trouble with an already turbulent … Read more

Is the Global Economy Hitting Recession Sooner Than Expected? (Guest: IRAQuote.com)

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An IRAQuote.com representative talks about the World Bank Group’s latest comments about where this year is heading. With inflation on the rise, there’s been a lot of talk about a potential recession taking place this year. And the World Bank believes it’s just about to happen – across the globe. The Epoch Times recently posted about comments from the group, recently decreasing its global economic growth forecast by around 1.7 percent. This brings the third weakest annual expansion … Read more

The U.S. Economy’s Latest Quarter Still Points At a Recession – and a Possible Return of the Great Depression (Guest: Steve Beaman)

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In spite of President Joe Biden and the Federal Reserve putting forth their best efforts to deflect it, a recession looks all but confirmed for 2023. And it could get even worse. Gross domestic product fell 0.9 percent for the second quarter of 2022, according to the Bureau of Economic Analysis. While that’s not as severe a decline as the 1.6 percent consumers saw in the first quarter, it’s still a decline – and paints … Read more

Market Fluctuations and Fed Rate Hike Moves U.S. Economy Closer To Recession (Guest: Steve Beaman)

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Following a recent report about growth woes in the most recent quarter, there are still many concerns that U.S. citizens will face some form of recession as 2023 looms. The initial report indicated that growth has tumbled nearly a full percentage point, indicating that some companies are expected lose employees and prepare for the worst in terms of a recession. But coupled with other news this week, things are looking problematic. First up, it’s no secret that … Read more

Bank of America Issues Warning of What’s To Come With Inflation Shock, and Notes That Technical Recession Is Happening (Guest: Birch Gold Representatives)

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As gas prices and other items continue to grow in the face of inflation, Bank of America has warned that the worst could be just around the corner. With annual inflation rising to a staggering 8.6 percent in May (the highest it’s been in over 40 years), Michael Harnett, who serves as chief investment strategist for the group, noted that the shock from said inflation is far from over. “We’re in technical recession but just … Read more

What Could Be the Long-Term Effects From a Pending Recession? (Guest: Devlyn Steele)

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Over the past couple of months, American citizens (as well as others across the globe) have been feeling the effects of growing inflation. From rising gas prices to heavily priced items being imported from other markets, it’s left some people feeling like they’re in a crunch. And there are many indications this could lead to the first significant recession since 2008. Some experts believe that a forthcoming recession is inevitable, and could start as soon … Read more

Deutsche Bank’s Predictions For 2023 Point At a Potential Recession For the United States, But Is There Hope?

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With gas prices rising to sky-high levels and mortgage rates not slowing down anytime soon, U.S. citizens are really feeling a financial crunch. And based on a new report from Deutsche Bank, that isn’t slowing down anytime soon. In a huge report given to clients, the Bank’s economists noted, “Two shocks in recent months, the war in Ukraine and the build-up of momentum in elevated U.S. and European inflation, have caused us to revise down our … Read more

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