Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis more than a decade ago, adding to the risk of a recession.
BlackRock s Chief Investment Officer of global fixed income, Rick Rieder, believes that the US is unlikely to experience an economic downturn or recession.
While predicting a recession with 100 percent certainty may sometimes be problematic, several factors point to the likelihood of it hitting the United States as early as this year.
banking assets, but consolidation itself does not make it risky. i believe it s a regulatory problem. and i believe if you get rid of all of this regulation, go back to the 19th century where you had panics, booms, and busts, because there was nothing regulating the financial system or the economy. go ahead, quickly. the 19th century had all that, approximately the same degree as the system we ve had since world war ii. that s not true. it is true. i ll the recent scholarship shows that the things that were thought of as being big recessions in the 19th century were simply mistaken looking at the fact that prices went down, not looking at real output went down. it did not go down dramatically. are we in a depression? how would you characterize it? a recession meaning we re still declining, we re not in one of those, but i agree with the spirit of what he s saying,