Brian Coulton: Very good question. And this is something that we got wrong, and almost the entire market got wrong, to be honest. There was a widespread consensus at the start of 2023 that the U.S. economy slowed down very sharply and probably going into a technical recession (which) w...
Brian Coulton: Very good question. And this is something that we got wrong, and almost the entire market got wrong, to be honest. There was a widespread consensus at the start of 2023 that the U.S. economy slowed down very sharply and probably going into a technical recession (which) w...
a whole. As for existing mortgages, homeowners who have fixed-rate, fixed-term loans will not be impacted at all. But those who have an adjustable rate mortgage may see their payments rise, if the interest rates go up during the recession. Aspiring homeowners who are...
“2024 saw peak geopolitical risk, especially given the expectations around the US elections. But in 2025, Trump neither creates more nor less geopolitical uncertainty compared to what the global economy experienced in 2024. With the US leaving a vacuum on the international stag...
The National Association of Home Builders (NAHB) called for mortgage interest rates to fall below 6% by the second quarter of 2025, according to a revised forecast in late October. Previously, the trade group predicted this sub-6% rate drop wouldn’t happen until Q4 2025. Making mortgage ra...
Now let's get this clear. There's not going to be a recession. Not here, anyhow. Gordon Brown...Fildes, Christopher
Energy security is considered vital for a country’s social and economic development. Before the Ukraine war upended food and energy prices, two oil crises in the 1970s caused oil prices to soar, resulting in inflation and recession in several countries. Ensuring stable oil supplies became a ma...
While 2020 has lumbered on in an epic conflagration of storms, fires, a global pandemic, recession and civil unrest, SpaceX has been scrambling to improve life a bit by creating a new kind ofsatellite service it calls Starlink. It's technology that could be just the thing for folks like...
Not just in the store but driving economic growth – consumer spending accounts for more than half (60%) of global GDP.1 When consumers spend, the economy grows; and when they don’t, it shrinks. Even in a recession, we invariably find a way to spend ourselves back to growth – the ...
My reading ofhttps://fred.stlouisfed.org/series/GDPC1is that it's virtually impossible for Annual Real GDP to drop 10%, Q4 would need to be well below Q2. And we likely already exited a recession, what could happen in one out of twelve worlds to stop that for another 2.5 years?