Around the world, household incomes are collapsing in real terms. An American recession would land another blow on vulnerable parts of the global economy by curbing demand for their exports. Tighter monetary policy at the Fed and the resulting strength of the dollar would also compound ...
In the worst recessions, the stock index has been slashed in half. Analysis: A recession will come. How bad will it be? "Since recessions do not announce themselves when they arrive and markets are forward-looking, history suggests that investors should not wait for confirmation of a recession...
This paper characterizes Japanese recession in the 1990s from the statistical point of view by comparing it to U.S. Great Depression in the 1930s. Descriptive sta-tistics suggests that while U.S. Great Depression is much more severe, current Japanese recession has been more persistent. However...
America's economic Leading Analytic "rose in November to the highest reading in its history," said Professor Evangelos Otto Simos, editor-in-chief, at the release of the latest Leading Analytics Warp Digest. The increase in the earliest leading economic barometer "…was led by a surge in hous...
HistoryRecessionUnited States of AmericaThis encyclopedia, available in two-volumes in print, but reviewed here in its e-book version, looks at "the fourteen largest and most important economic downturns in the history of the United States" from the 1780s through 2009; it provides "accurate, ...
World War II History World War II was an economic boon for the U.S. economy as thegovernment infusedtens of billions of dollars into manufacturing and other industries to meet wartime needs. But with thesurrender of both GermanyandJapan in 1945, military contracts were slashed and soldiersstarte...
Special thanks to the CDLA staff, Kirill Fesenko, Fred Stipe, and particularly Rita Van Duinen, for their help in the optical character recognition stage of this project. Publication History Issue published online: 20 MAY 2013 Article first published online: 20 MAY 2013 Accepted manuscript online...
In 2019, Philip Esformes went on trial for one of the biggest Medicare fraud cases in history. His longtime family rabbi said Philip Esformes was an upstanding citizen ... when he lived in Chicago. Malcolm Gladwell was fascinated by this case and the prospect of a city changing a man. ...
That said, if history provides any insight into the future, the record books demonstrate that after relatively flat periods of (on average) three years, activity starts to rise significantly. This would translate into a substantial predicted recovery for the MBO market in late 2010. But the ab...
The crash touched off theGreat Depression, still known as the worst economic crisis in modern American history. While the official years of the Depression were from 1929 to 1939, the economy did not regain footing on a long-term basis until World War II ended in 1945.4 1990s Dot-Com Bubble...