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Commentary & Opinion
Source: Seeking Alpha
"We have nothing to fear about a recession right now except for the fear of recession," Bank of America (BAC +3%) CEO Brian Moynihan, said in a Bloomberg Television interview today.
August 21, 2019 The new threat to capitalismSource: Axios
In what would have been widely dismissed as absurd even a year ago, a mainstream consensus has suddenly swept the world that the core of the global economic system has gone terribly awry, requiring a basic shakeup of capitalism.
Source: USA Today
The upside is that most economists don’t expect this next downturn, whenever it should occur, to be anything like the Great Recession, which broke records for length and severity. But typical downturns are no picnics, either.
August 19, 2019 There is ‘no denying’ we are causing climate changeSource: Sustainability Times
Two new studies published in Nature and Nature Geoscience suggest that we are witnessing unprecedented climate change at a global scale incomparable to anything from the past 2,000 years. And this time the science is as certain...
August 19, 2019 Stock market gyrates as the economic picture gets blurredSource: AP News
You’re not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from....
August 16, 2019 Is a recession coming to the US? Here’s what to watch forSource: The Guardian
It’s 10 years since the great recession and by many measures the US economy is still booming. Unemployment is at lows last seen 50 years ago, stock markets, while wobbly, are close to record highs, consumer confidence is high and...
Former Federal Reserve Chair Janet Yellen said the markets may be wrong this time in trusting the yield curve inversion as a recession indicator.
August 14, 2019 Goldman Sachs CEO doesn't expect a recession soon - videoSource: CNN
In an exclusive interview with CNN Business, Goldman Sachs CEO David Solomon tells Christine Romans the US economy is fine, but he's paying close attention to trade and monetary policy
Source: The Fashion Law
The fashion industry is obsessed with going “green.” From fast fashion companies like Zara – which recently revealed “an ambitious plan” to transition to entirely sustainable fabrics and recycling – to the luxury brands that are...
Escalating trade war tensions and recession fears have hammered stocks in recent weeks but things may not be as bad as they seem.
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