Some Bankers Are Doing Even Worse Than in 2009

"My best guess right now? Yes, the back end will be worse than the front, with a lot of risk to the lenders," said Joe Witt, president and CEO of the Minnesota Bankers Association......»»

The S&P 500 index is set to suffer the worst quarter for earnings since the 2008 financial crisis, and it’s likely to get a lot worse because these results will barely show the impact of the COVID-19 pandemic......»»

The S&P 500 index is set to suffer the worst quarter for earnings since the 2008 financial crisis, and it’s likely to get a lot worse because these results will barely show the impact of the COVID-19 pandemic......»»

International Monetary Fund Managing Director Kristalina Georgieva in Washington, D.C. on Friday said "it is clear" that world has "entered a recession as bad or worse" than the global financial crisis in 2009......»»

The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday......»»

If Bullard’s gloomy jobs projection proves to be true, unemployment would be worse than it was during the Great Depression and three times worse than the 2007-2009 recession......»»

US Leading Economic Indicators Plunge At Worst Rate Since 2009 A worse-than-expected 0.3% MoM drop in t.....»»

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data......»»

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data......»»

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data......»»

American manufacturing posted the biggest contraction in September since the end of the 2007-2009 recession, reflecting a slowdown in the U.S. and global economies made worse by a tense U.S. trade war with China......»»

American manufacturing posted the biggest contraction in September since the end of the 2007-2009 recession, reflecting a slowdown in the U.S. and global economies made worse by a tense U.S. trade war with China......»»

American manufacturers posted the biggest contraction in September since the end of the 2007-2009 recession, reflecting a slowdown in the U.S. and global economies made worse by a tense U.S. trade war with China......»»

Authored by Chris Hamilton via Econimica blog, I recently detailed why a recession is imminent based on a few factors, chiefly full employment among the working age segm.....»»

Authored by Adem Tumerkan via Palisade Research, Last week, used car prices had their biggest drop since 2009 – directly after the financial market meltdown of 2008.....»»

U.S. retailers registered a far worse December holiday selling season than many analysts had realized, according to a government report that sent stocks lower and raised new questions about the economy......»»

Tesla (NASDAQ:TSLA)’s latest quarterly results weren’t expected to be good based on sales trends and other factors, but they turned ... Read more.....»»

After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Associatio.....»»

Cities' "Doom Loops" Are Even Worse Than You Imagined Authored by Charles Hugh Smith via OfTwoMinds blog, This is why those who understand these dynamics are getting out, even th.....»»

Details on Tesla's robotaxis plan and news of an affordable model were all Wall Street needed to get back in on the EV m.....»»