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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.
August 21, 2019 The World in 2030: 9 Megatrends to WatchSource: Sustainable Brands
The directions we go and choices we make will have enormous impacts on our lives, careers, businesses and the world. Here are my predictions of how nine important trends will evolve by 2030 — listed in order roughly from nearly...
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 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
Escalating trade war tensions and recession fears have hammered stocks in recent weeks but things may not be as bad as they seem.
August 9, 2019 Boris Johnson: EU should show 'common sense' on BrexitSource: BBC
Boris Johnson says he hopes the EU will show "common sense" and agree to change the Brexit withdrawal deal. The EU has said UK demands to remove the Irish border backstop plan from Theresa May's deal are unacceptable.
Source: Wolf Street
Uber’s losses have been legendary for years, ever since they were being leaked to the public while it was still a privately held company. But this takes the cake.
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