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Nalezeno "are we in recession": 391

UBS Maintains Optimism in Markets Amid Middle East Uncertainty


Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession...

Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming


Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic mode, with a recession coming according to several...

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead


JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter...

Former Commerce Secretary Warns US Headed for Recession


Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the...

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