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Renowned economist Ed Hyman, the chairman of Evercore ISI, has made a bold prediction that a recession is on the horizon, set to hit in the third quarter. Hyman, who is widely respected for his accurate forecasts in the past, has sent shockwaves through the financial world with his latest warning....
Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Halving Issue -Good or bad economy, the American consumer continues to spend. DKI Summary: Retail sales were up 0.7% this month. That was well above expectations of...
China’s economy is currently facing a major challenge - deflation. While many may think that deflation is not as serious as high inflation, experts are warning that China’s deflation could actually be more dangerous in the long run. Deflation occurs when there is a sustained decrease in the prices...
“For me, gold isn't just a trading vehicle. It’s a store of wealth, a medium of exchange, liquidity, and insurance,” says Rick Rule, founder and CEO of Rule Investment Media. He explains the precarious debt level that the U.S. finds itself in by referring to the 1980s when the purchasing power of...
Australia's economy has taken a sharp downward turn, plunging deeper into per person recession. The latest figures show that the country's GDP per capita has fallen for the second consecutive quarter, signaling tough times ahead for the nation's financial well-being. According to the latest data...
