US Economy

Why the US Can Avoid a Recession in 2023?

Credit: D koi/Unsplash

In 2023, the possibility of a U.S. recession still exists. According to Goldman Sachs Research, the probability of a significant decline in the American economy over the next 12 months is estimated by the market to be 65%. But according to our own economic study, the likelihood is substantially smaller, at 35%, as reported by Goldman Sachs.

Big questions

David Mericle, our chief U.S. economist, and Alec Phillips, our chief U.S. political economist, elaborate on that lower...

https://mfame.guru/why-the-us-can-avoid-a-recession-in-2023/

$4 Trillion Loss Ringing In The World’s Economic Output

  • Because the figures aren’t adjusted for inflation, the data suggest demand for merchandise slowed in the third quarter.
  • Meanwhile, China is being hit by a rebound in Covid-19 cases following the week-long National Day holiday, just as the country’s top leaders gather in Beijing for a meeting with President Xi Jinping.
  • That may offer insights into whether officials see a risk of renewed turmoil that already plagued pension funds following Britain’s mini-budget.

The warning of a potential $4...

https://mfame.guru/4-trillion-loss-ringing-in-the-worlds-economic-output/

Fireside chat with James Bullard, President, Federal Reserve Bank of St Louis

Fireside chat with James Bullard, President, Federal Reserve Bank of St Louis

Virtual panel Wednesday 19 May, 15:00-16:00 London | 10:00-11:00 New York

Over the last year, the US government and the Federal Reserve have taken a number of fiscal, monetary and policy actions to help steady both the US economy and global dollar liquidity. James Bullard, president and chief executive officer of the Federal Reserve Bank of St Louis, joins David Marsh, chairman of OMFIF, for a virtual discussion on the...

https://allaboutshipping.co.uk/2021/05/13/fireside-chat-with-james-bullard-president-federal-reserve-bank-of-st-louis/

World Shares Dips With The Approved Stimulus Bill And Experts Warn Against Rising Inflation

World shares dipped on Monday as the U.S. Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters, reports Reuters.

A quick surge in inflation 

These concerns overshadowed the prospect that stimulus would give another boost to the world’s No.1 economy, likely helping global growth rebound faster from the COVID-19 downturn.

Analysts expect a sharp acceleration in inflation, stoked in part by the latest...

https://mfame.guru/world-shares-dips-with-the-approved-stimulus-bill-and-experts-warn-against-rising-inflation/

[Watch] Dr. Fauci Advises on May ‘Rolling Re-entry’ for the US Economy!

According to a TIME Magazine report, the United States’ top infectious disease expert said last Sunday that the economy in parts of the country could have a “rolling reentry” as early as next month, provided health authorities can quickly identify and isolate people who will inevitably be infected with the coronavirus.

A Gradual Approach

Rather than flipping a switch to reopen the entire country, Fauci said a gradual process will be required based on the status of the pandemic in various parts of...

http://mfame.guru/watch-dr-fauci-advises-on-may-rolling-re-entry-for-the-us-economy/