Recessions and depressions

Developers are turning to master-planned communities to solve the housing affordability crisis
Business

Developers are turning to master-planned communities to solve the housing affordability crisis

Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing up prices for consumers, and catching the […]

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‘Bear market rally’ is setting stage for a correction, Morgan Stanley’s Mike Wilson warns
Finance

‘Bear market rally’ is setting stage for a correction, Morgan Stanley’s Mike Wilson warns

A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. Wilson cited technical headwinds on CNBC’s “Fast Money” on Monday. “It does have all the hallmarks of what I would call a […]

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There are signs a recession could be on the way. Here are some ways to protect your savings
World

There are signs a recession could be on the way. Here are some ways to protect your savings

An inversion in Treasury yields has stoked investor concerns that a recession might be on the horizon, but strategists say there are steps you can take now to protect your savings. Morsa Images | E+ | Getty Images With a historical indicator of recessions flashing red this week, financial experts have shared their top tips […]

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Goldman sees risks rising for a ‘mild’ recession, but not for at least another year
World

Goldman sees risks rising for a ‘mild’ recession, but not for at least another year

The firm sees “close to no chance” of a recession over the next 12 months, but a 38% probability in the following year. Source

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Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs
Finance

Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs

Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is heading for recession. That view, expressed in a CNBC interview, comes in the face of a looming inversion of the 10- and 2-year Treasury yields […]

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