Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
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Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the…
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On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
The new LUNA records gains amidst controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on recession, depression, and looming civil unrest. To top it all off, Bank of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
The World Bank has warned of a possible global recession. “For many countries, recession will be hard to avoid,” said World Bank President David Malpass. “This is the sharpest slowdown in 80 years.”... [[ This is a content summary only. Visit my website for full links, other content, and more!…