The efficacy of the inverted yield curve as a recession predictor has long been a topic of interest for economists and financial analysts alike. Traditionally, an inverted yield curve, where long-term interest rates fall below short-term rates, signals the likelihood of an impending recession.
The U.S. economy's current state is fraught with ambiguity, making it imperative to examine both traditional and non-traditional indicators to get a holistic view. Traditional metrics like Gross Domestic Product (GDP), Purchasing Managers' Index (PMI), unemployment rates, retail sales,
The United States economy experienced moderate growth in the second quarter of 2024, with economists forecasting an annualized GDP increase of 2.1%. Despite this tempered pace, consumer spending has remained unexpectedly resilient, challenging predictions of a significant decline. Concurrently, the
The latest figures from Morningstar DBRS have stirred concerns in the finance industry, pinpointing a negative shift in U.S. credit card metrics. The Q1 2024 report indicates a worrying increase in the average net charge-off rate to 4.2%, a significant rise from the 3.6% seen in the previous
In 2023, the U.S. faced a banking crisis, with the collapse of Silicon Valley Bank (SVB) and three other mid-sized banks capturing national attention. Although government interventions stabilized the initial turmoil, leading economists, including Viral V. Acharya and Raghuram Rajan, raised concerns
Sure, here's how the content would be formatted with appropriate header tags: In recent times, the single-family housing market's pulse has been measured keenly through the NAHB/Wells Fargo Housing Market Index (HMI). This index, based on the opinions of prominent home builders, gauges
