Market Analysis
US Unemployment Back to Pre-Pandemic Levels at 3.5% in July
The U.S. Bureau of Labor Statistics reported that the U.S. economy added 528,000 jobs July, compared to the analysts' expectations of 250,000.
Total Stories
43
News
Recession
Section
Recession
Market Analysis
Upcoming CPI Print Important for Bitcoin as DXY Hits 5-Year High
Bitcoin continue to grow as a digital class. Will it become a risk-off asset?
Market Analysis
Inflation Hits 60.8% in Sri Lanka as Economic Crisis Continues
Inflation in Sri Lanka rose to a new record high of 60.8%, a sharp jump from the 54.6% inflation level that was reported in June.
Market Analysis
GDP Shrinks for 2nd Quarter as the White House Downplays Recession
The U.S. GDP contracted 0.9% in the last three months, marking the second consecutive quarter of negative economic growth.
Policy
75 BPS Hike Reduces Chances of a Soft Landing for US Economy
Galloping inflation and consecutive 75 basis points increase all but eliminate the possibilities of a soft landing.
Policy
Fed Hikes Rates By 75 BPS; What Does It Mean for the U.S. Economy?
The Federal Reserve announced a new interest rate hike of 75 BPS at the latest FOMC meeting to rein in raging inflation.
Market Analysis
Falling GDP Over 2 Successive Quarters Not Technically Recession: White House
The fiat system revolves around decrees, including recession vs. technical recession.
Market Analysis
Fund Managers Holding Cash at Highest Allocation Since 2008
Fund managers have cut their stock holdings to the lowest level since the 2008 global crisis, propelling cash holdings to 21-year high.
Market Analysis
Fed Ponders 50-75 BPS Hike in July: Risk Assets May Be Set For Further Downside
The Federal Open Market Committee is set to further intensify its hawkish stance in battling inflation following the release of the policy meeting minutes.
Market Analysis
Strong Consumer Spending Can Prevent Recession But Pandemic Savings Exhausted
Treasury Secretary Janet Yellen is optimistic about avoiding a recession but data suggests a grim outlook in the short-term.
Market Analysis
68% of Economists Believe US Will Enter a Recession by 2023: FT Survey
The US Federal Reserve reveals its most aggressive rate hike increase since 1994 amidst growing concerns about a recession in 2023.
Crypto
What Would a Long-Lasting Recession Mean For Bitcoin?
Bitcoin has no real track record when it comes to recessionary behavior. Investors should pay heed as a potential recession looms around the corner.
Crypto
As CPI Continues to Rise, Do Investors see Bitcoin as an Inflation Hedge?
With inflation reaching four-decade highs, is Bitcoin an effective hedge against it?