Stocks Slide After Bond Market Warns Again of Recession
NEW YORK — Stocks sank Aug. 14 after the bond market threw up one of its last remaining warning flags on the economy.
Yield Curves Invert in US, UK as ‘Doom and Gloom’ Spreads
The stream of investors seeking refuge in the safest parts of the market has triggered yet another recession warning, with yield curves inverting from the United States to the United Kingdom.
German Economy Shrinks Amid Trade Concerns, Auto Woes
FRANKFURT, Germany — The German economy shrank by 0.1% in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe’s largest economy.
US Recession Concerns Rising With Trade War, Goldman Sachs Says
Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth.
Chance of US Recession Rises to 35% Among Economists Surveyed
The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
World Economy Edges Closer to Recession as Trade Woes Spread
The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
ATA Economist Bob Costello: Recession Remains Uncertain, but Expect More Carrier Closures
INDIANAPOLIS — Bob Costello isn’t sure that a recession — a downturn that could impact freight and trucking companies across North America — is coming, or when, but the economist senses something is amiss.
Blackstone Group CEO Stephen Schwarzman Sees US-China Deal, No Sign of Recession
The CEO of the world’s largest alternative asset manager is confident the United States isn’t headed toward a recession any time soon and is certain the nation will strike a trade deal with China, Schwarzman said in a Bloomberg Television interview April 18.
Growth Continues, but Risk of Recession Looms Larger, Economist Says
ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.
Growth in 2019, but Recession May Be on Horizon, Economist Says
ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30.