Research shows that major debt retrenchments come with a protracted period of low GDP growth - 1.5% below normal.
Dr. Doom is out with his gloomiest message yet: This time he says the odds of a global recession are “100!”
Both stocks have declined substantially from their highs and formed reasonable bases from which to launch a rally.
Gold prices reached a four-month high late this week amid speculation as to whether the metal could move even higher if more economic stimulus is announced.
The U.S. middle class suffered the worst decade in modern history, based on the latest Pew research. Age played a role in who likely took the biggest wage hit.
It’s not a pipe dream: Energy independence is possible in the U.S., and it could put the country on the path to prosperity.
Bullish investor sentiment has nearly doubled in the past month. It’s one signal that the strong market rally may be starting to run out of gas.
Economic policy worries are now greater than the aftermath of September 11, the start of either Gulf War, and close to the heights of the financial crisis.
QE3 could come as soon as next month, if you read the tea leaves of this week’s FOMC minutes. Here are the three key sentences in the statement.
The Congressional Budget Office warns that the U.S. economy could plunge over the fiscal cliff Thelma and Louise style. Can a subsequent stock crash be avoided?
Confidence is so high and fear so low that investors may have become too complacent and susceptible to unforeseen market shocks.