Another key concern is the private credit market where companies borrow from non-bank entities. Dimon predicts that this sector could face significant difficulties in a recession scenario. He […]
Jamie Dimon Raises Alarm About Potential Recession, Cautions on Private Credit Market
JPMorgan’s CEO, Jamie Dimon, has sounded the alarm about looming economic challenges facing the United States. He warns that the post-pandemic recovery may be weaker than anticipated and […]
Goldman Sachs Downgrades Recession Risk as Trade Tensions Ease
Global investment giant Goldman Sachs has revised its US recession outlook downward to 30%, down from the previous 35%. This shift comes on the heels of progress in […]
Goldman Sachs Downgrades Recession Probability for US Economy
Goldman Sachs has revised its prediction regarding the likelihood of a U.S. recession in the next year, decreasing the probability from 35% to 30%. This adjustment is based […]
Decade of Economic Stagnation Looms: Global Growth Under Threat
The global economy faces a bleak outlook for the next decade, with the World Bank warning of its slowest growth since the 1960s. Driven by escalating trade tensions […]
Polymarket Predicts Recession Risk in U.S. Economy
A recent prediction from Polymarket suggests a significant chance of the US economy entering recession in 2025. According to data collected by Blockbeats, the model predicts a 26% […]
Elon Musk Predicts Recession Caused by Trump’s Tariffs
Tesla CEO Elon Musk has warned of a possible recession in 2025 due to the ongoing tariffs imposed by former President Donald Trump. These remarks come as Elon […]
Wells Fargo Chief Economist Warns of Potential Recession, Highlights Economic Slowdown Factors
In a recent interview, Jay Bryson, chief economist at Wells Fargo, provided insights into the current state of the U.S. economy, suggesting the possibility of a recession without […]
Will Rising Interest Rates Slow Down the US Economy?
Jay Bryson, Chief Economist at Wells Fargo, warns that the U.S. economy is teetering on the edge of a potential recession. Despite not being confirmed yet, Bryson predicts […]
Economic Downturn Signals: Jobless Claims Rise While GDP Contracts
Recent data paints a concerning picture of the U.S. economy, raising alarms about a potential downturn. Jobless claims surged to 240,000 for the week ending May 24, exceeding […]
Recession Concerns Surge as Uncertainty Engulfs US Economy
Experts are raising alarm bells about a potential recession looming over the United States economy, fueled by growing uncertainties and economic instability. Neel Kashkari, President of the Minneapolis […]
Rising Recession Risk: Fed Official Warns of Economic Uncertainty
Federal Reserve officials have voiced growing concerns about the rising risk of recession, citing a complex mix of economic uncertainties that are impacting businesses and consumer sentiment. Neel […]
Fed Warns of Recession Risk as Inflation Persists
Federal Reserve officials have expressed significant concern about the US economy facing a potential recession due to persistent inflation. Despite maintaining interest rates at current levels, the Fed […]
U.S. Job Openings Plummet: Signals Emerging Economic Concerns
A recent analysis by Odaily reveals a sharp decline in U.S. non-farm job openings. This unprecedented drop, only witnessed three times since 2000, coincides with economic recessions. The […]
U.S. Consumer Confidence Index Soars Despite Recession Concerns
The U.S. Consumer Confidence Index experienced a significant surge in May, rising to 135.9 according to Odaily reports. This improvement is largely attributed to a dramatic increase in […]