2022-9-29 18:20 |
Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now.
Similar to Notcoin - Blum - Airdrops In 2024
2022-9-29 18:20 |
Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now.
Similar to Notcoin - Blum - Airdrops In 2024
The danger of letting political interests control supposedly neutral data and science is obvious when terms are made subjective to fit the current narrative.
2022-7-30 06:00 | |
The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers.
2022-7-29 17:11 | |
The U.S. has reported its second consecutive quarterly decline in Gross Domestic Product growth. U.S. GDP Shrinks by 0.9% The U.S. economy is in a technical recession. According to data...
2022-7-28 15:51 | |
At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC) announced their biggest interest rate hike in four decades of 75 basis points. Following this interest rate announcement, the crypto markets collapsed in anticipation of future interest rate hikes to curb rising inflation amidst fears of a looming global recession. At the […]
2022-7-19 00:52 | |
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates.
2020-5-19 03:05 | |
U.S. GDP crashed in the first quarter, but the numbers would have been worse if not for bogus BEA data revisions. The post GDP Screams U.S. Recession Has Begun, but ‘Real GDP’ Is Far More Terrifying appeared first on CCN.com
2020-4-30 23:26 | |
Nightmarish unemployment data fuels speculation that recovering from the coronavirus-induced recession will take longer than expected. The post Unemployment Nightmare Lurches Economy into Depression-Era Scenario appeared first on CCN.com
2020-4-2 17:53 | |
The housing market bubble that's been inflated by ultra-low interest rates has finally popped as buyers run for the hills amid recession fears. The post New York Mortgage Data Show U.S. Housing Market is Crashing appeared first on CCN.com
2020-4-2 19:21 | |
The U.S. stock market is set to drop 5% at open. The gloomy pre-market data comes after analysts' stark warning on China's fiscal policy. The post U.S. Futures Plunge 5% as Global Recession Swats China’s Rescue Plan appeared first on CCN.com
2020-3-18 12:46 | |
Even if the virus doesn't grow to become a global pandemic, its economic ramifications may be enough to cause a recession in China, World Bank data suggests. This may lead to a domino effect that results in a global slowdown.
2020-2-10 18:30 | |
Britain risks falling into recession and dragging the global economy with it. A raft of weak data puts the UK economy on thin ice. The post 5 Reasons Why Britain Could Plunge Us Into a Global Recession appeared first on CCN.com
2020-1-14 15:00 | |
The Dow wavered on Wednesday, and a deluge of economic data failed to shake the stock market from its pre-Thanksgiving catnap. The post Dow Catnaps While Economic Data Dump Bludgeons Recession Fears appeared first on CCN.com
2019-11-27 17:36 | |
Donald Trump is sending the U. S. economy close to a recession thanks to his trade war with China. Former RBI chief Raghuram Rajan believes that Trump is the biggest threat to the U. S. economy and could be the catalyst for a recession.
2019-11-14 21:22 | |
The Dow jumped to a record high for a second straight day, but the S&P 500 struggled to tread water. Strong economic data beat estimates and quieted recession fears. The Dow received a particular boost from Boeing.
2019-11-6 23:04 | |
The Dow, S&P 500, and Nasdaq all rose on Tuesday, putting them on track to close at fresh all-time highs. The US Stock market is basking in risk-on sentiment derived from reports that Trump will begin unraveling tariffs on Chinese imports.
2019-11-6 17:38 | |
The Dow, S&P 500, and Nasdaq all rebounded on Friday, ending the week on a high note and starting off the new month with a bang. A surprisingly strong jobs report emboldened stock market bulls, as the economy beat estimates despite pressure from the GM strike.
2019-11-4 16:41 | |
In times of recession and/or financial instability, both Bitcoin and gold have been described as safe-haven investments that act as a hedge against the traditional financial markets. However, while the demand for gold has historically increased during unstable times, Bitcoin has only existed in newer generations — thus, there is insufficient data to make the […] The post Bearish Bitcoin and Gold Price Correlation Noted by Analyst appeared first on BeInCrypto.
2019-10-31 21:34 | |
The Dow plodded toward a moderate gain on Thursday after the index emerged unscathed from another batch of third-quarter corporate earnings reports. The stable earnings helped fortify the Dow against more dismal manufacturing data, which could spur more Federal Reserve interest rate cuts but may also presage an economic slowdown or even a full-blown recession.
2019-10-24 16:38 | |
Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof.
2019-10-22 21:49 | |
A global economic recession could be around the corner. The International Monetary Fund, JP Morgan CEO Jamie Dimon, and analytics firm Moody’s Analytics all seem to believe that a recession is inevitable.
2019-10-21 12:10 | |
The price of gold rallied Thursday, extending its winning streak to three days after another batch of soft data sparked a fresh wave of haven buying in the market. Gold Extends Rally December gold futures climbed all the way to a session high of $1,525.
2019-10-4 22:30 | |
It is widely believed that the U. S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden.
2019-10-2 21:48 | |
The unexpected fall in the U. S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0. 9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0.
2019-10-2 14:55 | |
Coinspeaker U. S. Manufacturing Index Hits 10-Year Low and Points to Imminent RecessionIf current manufacturing data is anything to go by, the United States is uncomfortably close to a recession.
2019-10-2 13:50 | |
The calls for a recession in the U. S. are getting stronger by the day, and the latest manufacturing data for the month of September is more fodder for the doomsayers. According to the latest Institute for Supply Management (ISM) PMI report, September manufacturing activity in the U.
2019-10-2 20:07 | |
The US housing market continues to mystify investors as they scrutinize economic data in search of a smoking gun that will vindicate - or vanquish - fears that the US economy is on the brink of a recession.
2019-9-19 22:26 | |
Earlier this year, the anecdote that bitcoin serves as a safe-haven asset in times of heightened macroeconomic risks received support from factual data. The benchmark cryptocurrency and its traditional rival gold both established year-to-date highs as the U.
2019-9-18 18:00 | |
U. S. government debt yields continued to rise on Friday, booking their biggest weekly gain in three years on better than expected data, China trade progress and looser monetary policy. Treasury Yields Extend Rally Government bond yields were higher across the board, extending a rally that began at the start of September.
2019-9-14 00:30 | |
U. S. government bond yields extended their September rally on Wednesday, climbing to fresh monthly highs on better than expected data and Chinese trade optimism. Although bonds seem to be recovering, one analyst provided a sobering take on why investors should avoid buying them as a hedge against recession.
2019-9-12 23:45 | |
New data shows that 40% of millennials would invest in crypto if a recession hits
2019-9-11 19:45 | |
Japan's economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government's planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan's GDP output later this year, plunging the country closer to recession.
2019-9-9 02:51 | |
By CCN Markets: The Dow Jones took a hammering on thin liquidity on Wednesday as a blizzard of terrible news iced bulls and thrust the index into a 630 point tailspin. The bears were out in force as the mighty German economic machine contracted, Chinese data missed estimates, Hong Kong wallowed in chaos, and bond […] The post Dow Staggers While World Economy Spirals Toward Brutal Recession appeared first on CCN Markets
2019-8-14 19:39 | |
A new report from Grayscale Investments confirms a few significant data points that conclude Bitcoin can be considered a safe-haven asset. While the genesis cryptocurrency has not yet seen a recession, many believe that it will be a wealth creator in distressed scenarios when stocks and bonds are underperforming, August 8, 2019.
2019-8-10 21:00 | |
A study by DataTrek Research compared the evolution of specific searches on Google associated with periods of stagnation and economic recession, concluding that North Americans manifest behaviors typical of a robust economy.
2019-8-4 16:36 | |
White House Economic Adviser Larry Kudlow believes the U. S. economy is booming under Donald Trump and the data supports it. Kudlow appeared on Fox Business where he expressed frustration that the mainstream media and certain “individuals running for higher office” were attempting to paint the economy as being in a recession.
2019-7-18 23:45 | |
St. Louis Federal Reserve economist William Emmons has found a data point that supports the case for a Fed rate cut amidst a possible recession down the line. According to the economist in a report: “Data on single-family home sales through May 2019 confirm that housing markets in all regions of the country are weakening.
2019-7-3 23:45 | |
Bitcoin (BTC) prints double-digit gains Central banks could slash interest rates to avert a global recession, boosting risk assets in the short term & safe havens in the long term Perhaps in anticipation of an economic slowdown and central banks intervening by cutting rates, data suggests fund managers are shifting capital to Bitcoin.
2019-6-25 21:00 | |
By CCN: An analyst at vaunted investment bank Morgan Stanley made himself look like the village idiot Monday, saying America’s economic outlook is crumbling toward recession even as the economy booms.
2019-5-29 00:38 | |
The cryptocurrencies are here to stay and that assertion seems to be felt in the market in the midst of a storm-plagued by negative macroeconomic data, global recession, oil conflicts and a relentless trade war that has generated the case in traditional markets.
2019-5-21 18:43 | |
By CCN: The Dow and broader U. S. stock market tumbled on Monday, as the combination of poor economic data, geopolitical tensions and a trade-war standoff with China kept investors out of riskier assets.
2019-5-21 22:13 | |
Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
Another warning light is blinking on the dashboard of the US economy. This time it is the inflation-tied Consumer Price Index (CPI) which has the bears scurrying for their bomb shelters. David Rosenberg, a so-called perma-bear, was filling Twitter feeds with his unique brand of doom and gloom for the Dow Jones and wider US stock market.
2019-3-13 21:13 | |
The Dow and broader U. S. stock market tanked on Friday after government data showed job creation slowed to a crawl in February, stoking fears that the world’s largest economy was barreling toward recession.
2019-3-9 19:26 | |
Goldman Sach’s Chief Economist Jan Hatzius points to the global economy having missed a bullet, the threat of recession might just be over. Though growth is slow, Goldman’s activity indicator for February shows an increase compared to the December and January data which prompted many to call “recession.
2019-2-28 20:37 | |
The Dow and U. S. stock market traded lower on Tuesday after government data showed housing starts tanked in December, highlighting extensive damage to the real estate sector since interest rates began to rise.
2019-2-27 19:47 | |
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |