Appliance giant warns of ‘recession-level’ declines
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Legendary Merrill Lynch forecaster Gary Shilling warns of a 2026 economic collapse driven by frozen housing, plummeting capital expenditures and weak consumers.
Plus, a new trillion dollar baby.
For months, investors have been trapped in a market roiled by the Iran war that could swing wildly in a single afternoon based on one Truth Social post by President Trump or one missile strike in the Middle East.
Right now, a lot of people feel like they're barely keeping up as the cost of food, gas, and, well, just about everything else that keeps climbing. Even essential, non-splurge purchases can feel more stressful when prices seem higher every week.
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Top economist Gary Shilling says a recession and a deep stock-market plunge are likely by year-end
Legendary economist Gary Shilling says the S&P 500 could end tumble by as much as 30% this year as stocks get punished for high valuations.
As US equities hit fresh highs, strategists warn that investors are downplaying the impact of soaring oil prices.
As rising prices at the gas pump hit consumers’ wallets, Americans already hunting for cheaper fuel may soon confront a bigger challenge: preparing for a potential recession. Oil price surges resulting from the Iran war drove inflation ...
Business leaders in Downtown D.C. said they’re worried about the direction of the area and the region, and that a potential recession could be on the horizon.
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
"Don't take solace in the big March payroll employment gain."