Day: September 30, 2019

If I could devise a model that would accurately predict the onset of every recession or economic crisis, I’d probably be worth more than Warren Buffett, Bill Gates and Jeff Bezos combined. But the truth is nobody can accurately forecast when a recession will hit, although there are some leading indicators investors and economists look …

Is there a recession coming? Keep an eye on these key indicatorsRead More

Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, told CNBC Monday that he was “open-minded” when asked about the right level for interest rates in the U.S., but suggested more cuts could be needed if economic headwinds increase. Evans, noted for his dovish views at the central bank, was …

Charles Evans says Fed has turned dovish, but still might need to do moreRead More

BEIJING — Possible U.S. restrictions on investing in Chinese companies would not only have a limited effect on China — but it could also hurt the United States, analysts told CNBC. The comments come on the back of reports that the White House is considering investment curbs on China, such as delisting Chinese stocks in the …

Constricting investments into Chinese companies could hit the US as hard as it hits ChinaRead More