Political News & Social Views

Tag: Recession

GDP contraction deepens giving fresh recession clues amid soaring inflation

The final revision of first-quarter gross domestic product confirmed a larger contraction of the U.S. economy than earlier readings, supporting the view that a recession is either in progress or coming, say economists, as inflation rages and stocks head for the worst first half of a year since 1970.

Biden Is Practically Engineering a Recession

Most discussion about the possibility of recession focuses on the Federal Reserve’s monetary policies. But there are also factors on the supply side of the economy that may tip the U.S. economy into a recession. Among them are the tax and regulatory policies of the Biden administration.

A key bond market indicator is flashing major recession risk

The signals from bond markets are still relatively faint, as the more closely watched spread between the two-year yield and the 10-year has remained positive throughout Monday. Still, economists warned the market is signaling recession risk.