The US economy is likely to enter a recession by the end of 2024, leading to a recessionary bear market for the S&P 500. There is some early evidence that the labor market is starting to deteriorate.
As an American of a certain age, I know quite a few people who’ve been warned by their doctors that they’re prediabetic. That is, their blood sugar is sufficiently elevated to put them at risk of Type ...
Chicago Federal Reserve President Austan Goolsbee said on Monday that last week’s disappointing jobs report was not necessarily a recessionary sign and that the Federal Reserve’s focus remained on ...