Category: Recession 2020

April 9, 2019

IMF World Economic Outlook projects a slowdown in growth in 2019 for 70 percent of the world economy

The International Monetary Fund (IMF) has released a new World Economic Outlook (WEO) which projects a slowdown in growth in 2019 for 70 percent of the world economy.

Click on this link to vist the IMF website to read their IMFBLOG post titled: “The Global Economy: A Delicate Moment“.

Posted by Vincent Banial

March 23, 2019

Inverted Yield Curve indicates that a Recession is coming!

An Inverted Yield Curve has historically been a reliable signal that a Recession is on its way! You get an Inverted Yield Curve when short-term yields are higher than longer-term yields.

The Dow Index dropped over 460 points today Fri Mar 22 2019. The S&P Index fell 1.9% and the Nasdaq dropped 2.5%. The Russell 200 fell over 3.6%.

Click on this link to visit the Nasdaq website and view the Stock Market Indices.

Video is courtesy of The Money GPS YouTube channel

A drop in the Stock Markets on a Friday
is NOT A GOOD THING!

Why?

People will have Sat and Sun to get worried. When Investors get worried they tend to Sell. I believe that Monday Mar 25 will be another down day in the Stock Markets.

Next Monday’s drops should be greater than today’s drops.

Click on this link to visit the CNBC website to read their news article titled “Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth worries“.

Posted by: Vincent Banial

March 21, 2019

US Fed announced no Interest Hikes in 2019

In 2018, the US Fed had stated that there would be up to three Interest Rate hikes in 2019. Today the Fed announced that there will not be any Interest rate Hikes in 2019. Yes, they seem to have reversed course.

IMHO I believe this is smoke and mirrors. The Price of Oil has had a price breakout upwards. Expect to pay MORE for fuel. That will spark Inflation again, just as it had last year. When the Rate of Inflation goes up, then the US Fed will raise Interest Rates.