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Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’
25.7.2022
Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.”...
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’
24.7.2022
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months...
Will Ethereum Merge hopium continue, or is it a bull trap?
20.7.2022
ETH has gained 48% over the past week, leaving most of its crypto brethren behind — though it's still risky days ahead given the macroeconomic factors still at play
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
15.7.2022
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...
Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity
12.7.2022
Singapore’s state-owned investor Temasek said it sees more broader-market declines in coming months
The Coming Recession is Going to Hit Crypto, but Not as Hard as You Think
10.7.2022
If a recession isn’t here already, many economists estimate that it is coming very soon. The largest in the world, the US economy contracted by 1.6% in the first quarter of the year, and even if it somehow doesn’t contract in the second quarter, a growing number of economists are predicting...
IMF: Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out
8.7.2022
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it out.” IMF Says Global Economic Outlook ‘Has...
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
5.7.2022
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent
5.7.2022
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]
Crypto community eyeing three macro events to tip crypto scales in July
5.7.2022
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry
Bitcoin Recovers to Over $19K; Nomura Warns of US, UK Recession
4.7.2022
Nomura warned of a recession in the eurozone, U.K. and Asia Pacific, which could affect crypto prices
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More
29.6.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. He added that he will buy more if the cryptocurrency recovers from that price level. Robert Kiyosaki on Bitcoin Testing $1,100 The author of Rich Dad Poor...
Market Wrap: Recession Fears Halt Crypto Bounce
27.6.2022
Analysts see too few positive signs to sustain a crypto rally as investors position for further pain in traditional markets
On the brink of recession: Can Bitcoin survive its first global economic crisis?
23.6.2022
Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis
Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'
22.6.2022
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open
Bitcoin Slips to Nearly $20K; Citi Sees 50% Chance of Recession
22.6.2022
Premarket futures for U.S. indices fell, while Asian equities took a hit on Wednesday
Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation
22.6.2022
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows...
Elon Musk Discusses Crypto Investing, Dogecoin Support, ‘Unresolved’ Twitter Issues, and Near-Term Recession
22.6.2022
Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing...
Bitcoin Recovers to $21K, Traders Still Wary of Further Rally Due to Recession Fears
21.6.2022
Analysts at Morgan Stanley and Goldman Sachs said in a note Monday that recession risks were not “fully priced in.”
Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’
21.6.2022
Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data...