Buckle Up, the Stock Market’s Terrible Week Flirts With a Correction
The stock market’s 5% decline at the end of last week could signal trouble ahead if new virus cases continue to spike in the U.S.
International Monetary Fund
IMF’s Fed Reserve Warning Risks Rattling U.S. Stock Market Rally
The U.S. stock market and the Fed may not be accurately pricing in economic consequences from the pandemic, according to the IMF.
Get Ready for a Decade of Economic Gloom, Warn Harvard Economists
The economic recovery from the coronavirus pandemic will take at leas five years, according to Harvard economist and IMF head Kenneth Rogoff.
Why IMF’s Doomsday Coronavirus Prediction Is Bullish for the Economy
IMF is predicting economic doom because of coronavirus. It could be right, but history says it’s probably way off the mark.
Don’t Be Fooled by the Stock Market’s Rally. Smart Money is Staying on the Sidelines
The stock market’s rally has been baseless from the start. Data show smart money is staying out of the rally–and that will limit upside.
U.S. Jobless Claims Shock as IMF Warns ‘Worst Economic Fallout Since Great Depression’
U.S. jobless claims exceeded expectations for the third straight week. The IMF says that we’re in the worst crisis of our lifetime.
The Dow Is Plummeting & the IMF Warns This Is ‘Humanity’s Darkest Hour’
The Dow Jones careened lower on Friday, and the IMF warned that the global economy is on the brink of “humanity’s darkest hour.”
Global Economy Is Barreling Towards Recession Under Trump’s Watch: Moody’s
Finance ministers from the Group of 20 are slowly coming to terms with the possibility of a global recession in the not-too-distant future. Whether they truly understand the dangers remains an open question. The U.S.-China trade war is getting much of the blame, as evidenced by the International Monetary Fund’s (IMF) recent downgrade to global … Read more
Global Recession Coming in 2020, Warns Yet Another Research Firm
Financial intelligence and analysis firm Moody’s Analytics is the latest to inject itself into the global economic recession debate further adding to the jitters. Per the firm’s chief economist, Mark Zandi, the risks of a global economic recession are currently ‘awfully high’, according to CNBC. And even if an outright recession is avoided, Zandi warned, … Read more
IMF Forecast Triggers Fears of Global Economy at Brink of Recession
The belief that there will be a recession next year has been finding a lot of takers of late. Prominent economists and investors believe that a recession could arrive as soon as next year, and the International Monetary Fund (IMF) looks all set to add to that gloom, according to a Bloomberg report. IMF’s growth … Read more