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The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely. US Federal Reserve Board Chairma.....»»

Category: topSource: businessinsiderApr 25th, 2024

"You Can"t Have Your Cake And Eat It Too:" Top Asset Manager Discusses Shift In Sentiment Amid Stocks Downturn

Avery Sheffield says that while bulls have been waiting for positives like "lower unemployment, lower costs, lower rates, lower inflation," the reality is that inflation has remained stickier for longer than it was expected. read more.....»»

Category: blogSource: benzingaApr 13th, 2024

Market Extra: It’s a ‘race to the bottom’ as states end unemployment benefits too soon, critics say

More than a dozen states are taking steps to curtail jobless benefits, a move that some analysts say risks deepening poverty and inequality, and puts those states in a worse position for future downturns......»»

Category: topSource: marketwatchMay 17th, 2021

Larry Summers thought inflation could rise quickly - but not this quickly

Inflation fears can become self-reinforcing, so Summers saying it's worse than he thought could help drive a cycle leading to more inflation overall. Former Tr.....»»

Category: topSource: businessinsiderMay 14th, 2021

Monetary Policy In America Is A Mess; Things Are Even Worse In Europe

Monetary Policy In America Is A Mess; Things Are Even Worse In Europe Authored by Brendan Brown via The Mises Institute, High inflation takes off where political forces are too strong to permit the implementation of ha.....»»

Category: worldSource: nytApr 9th, 2021

Fed"s Powell talks inflation, maximum unemployment

10-year Treasury hits 13-month high.....»»

Category: topSource: foxnewsMar 17th, 2021

The US could return to full employment in 2022 due to stimulus boost, Yellen says

Treasury Sec. Janet Yellen also dispelled fears the relief plan would spark rampant inflation, as price growth was weak when unemployment hit 3.5%. Treasury Secretary Janet Yellen. Jacquelyn Martin/AP The US could reach full empl.....»»

Category: personnelSource: nytMar 8th, 2021

Stocks lower as inflation worries, higher gas prices drag down markets

U.S. equity futures are trading lower hours before the opening bell on Wall Street as higher inflation worries, lower unemployment figures and higher gas prices are pushing markets down......»»

Category: topSource: foxnewsMar 8th, 2021

NewsWatch: Biden’s ‘rescue America’ plan is big. How its trillions could help both Wall Street and Main Street

President-elect Joe Biden's proposal to spent another $1.9 trillion to help fight the pandemic and its shocks is putting Wall Street on inflation-watch. But investors say the U.S. economy and financial markets would be worse off without it......»»

Category: topSource: marketwatchJan 16th, 2021

Market Snapshot: Biden’s ‘rescue America’ plan is big. How its trillions could help both Wall Street and Main Street

President-elect Joe Biden's proposal to spent another $1.9 trillion to help fight the pandemic and its shocks is putting Wall Street on inflation-watch. But investors say the U.S. economy and financial markets would be worse off without it......»»

Category: topSource: marketwatchJan 16th, 2021

Caroline Baum: With unemployment at depression levels, even all the Fed’s money printing can’t muster much inflation

Until the economy reaches something approximating full employment, there is little chance of an inflationary outbreak......»»

Category: topSource: marketwatchMay 13th, 2020

U.S. unemployment rate will get worse, Treasury"s Mnuchin says

The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday......»»

Category: topSource: reutersMay 10th, 2020

Black and Hispanic Unemployment Soar

The jobs report for April was horrible enough. The situation is was even worse for black and Hispanic Americans, with jobless rates well above the national average......»»

Category: blogSource: 247wallstMay 9th, 2020

Economic Report: Great Depression 2020? The unofficial U.S. jobless rate is at least 20%—or worse

The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%......»»

Category: topSource: marketwatchMay 8th, 2020

Kashkari: Unemployment even worse than it looks, but not "Depression scenario"

The latest U.S. unemployment figures came out this morning and they're terrible. They'll also be just a partial measurement of an even worse jobs picture that's unfolding across the country, the chief of the Federal Reserve Bank of Minneapolis said Thur.....»»

Category: topSource: bizjournalsMay 8th, 2020

Unemployment Kills: The Longer Lockdowns Last, The Worse It Will Get

Unemployment Kills: The Longer Lockdowns Last, The Worse It Wi.....»»

Category: blogSource: zerohedgeMay 5th, 2020

Cryptosphere: Bitcoin in the coronavirus crisis

Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures......»»

Category: videoSource: reutersMay 5th, 2020

Real coronavirus job losses could be worse than thought

More than 26 million people have applied for unemployment insurance since the coronavirus pandemic began. But millions more have been ignored......»»

Category: topSource: moneycentralApr 28th, 2020

First Mover: As Fed Assets Top $6T, BitMEX Has Some Inflation-Busting Advice

The Federal Reserve has opened its lender-of-last-resort spigot and, with unemployment spiking, inflation is on the way. What are your options?.....»»

Category: forexSource: coindeskApr 10th, 2020

Jobless Claims Enter Depression-Era Levels

Just when you hoped or thought things could not get worse on the jobless and unemployment news, they did. Weekly jobless claims hit a whopping 6.6 million last week......»»

Category: blogSource: 247wallstApr 9th, 2020