Tag: recession

Recession is not right around the corner, Fed official says

The American economy is experiencing turbulence. The trade war and global weakness are slowing growth. But Mary Daly, the president of the San Francisco Federal Reserve, is confident the economy will get through the storm unscathed. “A recession is not, in my judgment, right around the corner,” Daly told CNN’s Poppy Harlow in a Boss Files interview this week. […]

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Trump Preiviews His Response to the Next Recession

There is often little use in psychoanalyzing Donald Trump: His behavior is so erratic, his thinking so shallow that any definitive assertion about his character or temperament is disproven within minutes. Moreover, given that the president is angry more or less all the time, it’s particularly difficult to isolate moments when he is especially angry, […]

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Trump Previews His Response to the Next Recession

There is often little use in psychoanalyzing Donald Trump: His behavior is so erratic, his thinking so shallow that any definitive assertion about his character or temperament is disproven within minutes. Moreover, given that the president is angry more or less all the time, it’s particularly difficult to isolate moments when he is especially angry, […]

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Germany Has Powered Europe’s Economy. What Happens When Its Engine Stalls?

FRANKFURT — When a debt crisis slammed the eurozone nearly a decade ago, Germany’s powerhouse economy helped lift troubled neighbors like Greece, Portugal and Spain above the turmoil. The question that Europe faces now is whether those countries are strong enough to return the favor. Germany is on the brink of recession after its economy […]

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Do Democrats Have a Plan for the Next Recession?

The recession alarm bells are sounding. Anxiety about the direction of the global economy has been growing for some time, amid concern about President Trump’s trade war with China, economic slowdowns in major economies like China and Germany, and Brexit. On Wednesday, the country received perhaps the strongest signal yet of an upcoming recession when […]

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The Fear Of Another Recession Has Triggered Plenty Of Serious And Silly Reactions Online

Getty Image Wednesday morning, financial analysts at numerous news outlets and business centers sounded the alarm for what CNBC called “one big global recession.” This was largely due to the inversion of the so-called “yield curve.” As Jamie McGeever at Reuters explained it on Twitter, “the US 2s/10s yield curve inverts for the first time […]

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Ford and GM Prep for Economic Hardship

<img data-attachment-id="1684824" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg" data-orig-size="1000,600" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="ford mustang chevrolet camaro" data-image-description=" Sergey Akhrameev/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” class=”aligncenter size-large wp-image-1684824″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” alt width=”610″ height=”366″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-75×45.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-768×461.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-120×72.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> With another global recession looming on the horizon, executives at General Motors and Ford are […]

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