J. Kyle Bass, the CIO of Hayman Capital Management, says that China could face a problem that’s three to four times bigger than the 2008 subprime crisis if the global economy enters a recession.
— Read on ca.finance.yahoo.com/news/kyle-bass-hits-chinas-banking-system-warns-of-potential-crisis-030801392.html
Tag: Recession
Investor who called the Great Recession explains why China is fueling bitcoin’s rally
China allowing its currency to fall to its lowest value against the dollar in more than a decade is a plus for bitcoin, according to Hayman Capital Management founder Kyle Bass.
— Read on ca.finance.yahoo.com/news/china-is-fueling-bitcoins-rally-explains-kyle-bass-090526041.html
Based on what people are searching for on Google, a recession is nowhere near
Search volumes for terms like “coupon” and “unemployment,” which were leading indicators of the Great Recession, are down significantly.
— Read on www.cnbc.com/2019/07/24/based-on-what-people-are-searching-for-on-google-a-recession-is-nowhere-near.html
Recession threat is rising as earnings roll over: David Rosenberg
Gluskin Sheff’s David Rosenberg is painting a painful picture for stocks as earnings season goes into full gear.
— Read on www.cnbc.com/2019/07/19/recession-threat-is-rising-as-earnings-roll-over-david-rosenberg.html
‘Dr. Doom’ economist Nouriel Roubini sees trade war tipping global economy into recession
The rivalry between the U.S. and China could be so disruptive that it’s starting to decouple the global economy and eventually causing a recession, according to Nouriel Roubini.
— Read on www.cnbc.com/2019/07/02/dr-doom-economist-nouriel-roubini-sees-trade-war-tipping-global-economy-into-recession.html
A ‘shock to markets around the world’ could trigger next financial crisis, says Roubini – MarketWatch
The Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a…
— Read on www.marketwatch.com/story/a-shock-to-markets-around-the-world-could-trigger-next-financial-crisis-says-roubini-2019-06-17
U.S. Recession: How to Spot One Before It’s Official – Bloomberg
As the U.S. nears a record-long expansion in July, the conversation is increasingly turning to when it will all end.
— Read on www.bloomberg.com/news/articles/2019-06-15/tips-for-spotting-a-u-s-recession-before-it-becomes-official
Many Americans say their finances are worse since the Great Recession
The Great Recession ended a decade ago. Many Americans have not seen their financial situation improve since.
— Read on www.cnbc.com/2019/06/14/many-americans-say-their-finances-are-worse-since-the-great-recession.html
Why the Next Recession Will Hit Canadians Harder Than Americans – Bloomberg
The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households.
— Read on www.bloomberg.com/news/articles/2019-06-10/why-the-next-recession-will-hit-canadians-harder-than-americans
Global recession fears grow as factory activity shrinks – Reuters
Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
— Read on www.reuters.com/article/us-global-economy/global-recession-fears-grow-as-factory-activity-shrinks-idUSKCN1T40EI