Fizkes / Shutterstock.com The job data in May has just made a realistic examination to anyone who stores canned goods and prepare for the Economic Day. American employers added 139,000 jobs in May, overcoming expectations, and the unemployment rate is fixed at 4.2 percent – a historical low level that reflects the health labor market, … Read more
Unfortunately, the chances of the other recession are increasing, due significantly to the uncertainty set by the new administration. When uncertainty rises, we collectively tend to spend less and provide more. As a result, the growth of corporate profits may slow down, stock prices may decrease, and workers’ layoffs may increase. Loss of money in … Read more
Love Love / Shutterstock.com Recession risks are back in the spotlight. Recently, Peter Berezin, chief global strategist at BCA Research, told MarketWatch that he raises the odds of an economic contraction in the United States to 75%, citing proposed tax cuts, tariffs, and spending cuts under the Trump administration. He said that while some sectors … Read more