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Published time: 19 Oct, 2017 10:27 The Russian economy has overcome the recession and returned to moderate growth this year, according to the latest report from the World Bank. “The countries of Central Europe and the western part of the Balkan Peninsula continue to record steady GDP growth, while Russia and Belarus have emerged from […]
Thomson Reuters Forecasts for America’s economic growth potential have been slashed post-crisis. US GDP remains 15% below the pre-Great Recession trend, according to a study. This helps explain the lack of wage growth, and the sense of exclusion from the recovery. Expectations are everything, especially in economics. That’s why a distinct lack of progress in a […]
Noel Reynolds / Flickr Exactly 10 years ago, we were months way from a world-shaking financial crisis. By late 2006, we had an inverted yield curve steep to be a high-probability indicator of recession. I estimated at that time that the losses would be $ 400 billion at a minimum. Yet, most of my readers and fellow analysts […]
A key predictor of the health of the American economy is inching closer to signaling a recession. The indicator in question is the US Treasury yield curve, a measure of the gap between short- and long-term interest rates. When it is steep — meaning it costs more to borrow money for the long term — […]
The unemployment rate at 4.7 percent. Employers adding 235,000 workers a month. Consumer confidence at its highest level since 2001. The stock market rallying to new territory. Jobless claims flirting with a 44-year low. Wages finally rising, including for low-income workers. The expansion nearing its 100th month. Things are bound to fall apart soon. This […]
Getty Images In the early days of his administration, President Trump’s attention has been focused squarely on international trade and immigration, which has created concern among investors that aggressive revisions to existing trade and immigration policy could make the United States a less inviting place for both labor and capital. Additionally, there are general concerns […]
