Bloomberg’s Recession Tracker – October 14, 2019

Recession fears have grown in recent months amid a persistent trade war with China, pullbacks in corporate hiring and investment and a manufacturing sector that has already slipped into contraction. The economy is cooling, but the big question is whether the slowdown will morph into something darker. Bloomberg Economics created a model to determine America’s … Read more Bloomberg’s Recession Tracker – October 14, 2019

Global Bonds Are Selling Off for All the Right Reasons

Central banks have taken a lot of heat by trying to combat slowing economic growth and inflation with the same strategies that have so far largely failed — that is, cutting interest rates even lower or, in some cases, further below zero. While such measures may have prevented a much more painful slowdown, they have … Read more Global Bonds Are Selling Off for All the Right Reasons

U.S. GDP growth slows to 2.1% in the 2nd quarter

Data: Bureau of Economic Analysis The U.S. economy grew at a 2.1% annualized rate in the second quarter. =It’s a significant slowdown from the first quarter’s 3.1% growth rate, but still better than the 1.9% economists had expected. Once again, strong consumer spending offset the sharp decline in business investment and trade’s drag on growth. … Read more U.S. GDP growth slows to 2.1% in the 2nd quarter