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The US economy has likely stalled, with a 50% risk of recession in 2 years, say Barclays analysts. What to consider if the Fed doesn’t cut rates soon
In a research note published Aug. 25, Barclays economists shared their view that the U.S. economy has likely entered a “stall state.” The bank's “tipping points” model now places odds of a recession ... Read More
US Can Avoid Recession If 'Well-To-Do' Continue To Spend, Says Moody's Economist: 'If They Turn More Cautious...'
Mark Zandi, the chief economist at Moody’s Analytics, highlighted the role of the wealthy in driving the U.S. economy. Top 20% US Households’ Spending Outpaces Inflation Zandi took to X to point out ... Read More
The economy is chugging along, but consumers are uneasy
The Federal Reserve weighs its first rate cut since December as wealthier consumers prop up spending levels and the job market shows signs of weakness. Read More
US economy has likely stalled, with 50% risk of recession in 2 years, says Barclays. What it may mean for you
In a research note published Aug. 25, Barclays economists shared their view that the U.S. economy has likely entered a “stall state.” The bank's “tipping points” model now places odds of a recession ... Read More
McDonald's CEO warns of 'a two-tier economy' as lower-income consumers spend less
The fast-food giant's CEO cited growing evidence that upper-income households are spending freely while the rest are struggling. Read More
Consumers are feeling pessimistic about this economy. But don't expect them to stop spending.
Consumers, as we say all the time on this program, drive this economy. Their spending accounts for around 70% of GDP. And right now, they are not feeling great about this economy. On Tuesday, the ... Read More
Rate cuts don't stimulate growth, U.S. economy is ‘slowing slowly' – JPMorgan
JPMorgan Asset Management chief global strategist David Kelly warned that the Federal Reserve's interest rate cuts will not stimulate growth for the U.S.'s economy, which is slowing down. In an ... Read More
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