Usa Eu business markets United States economics Usa Eu

5 tips for riding out a downbeat market this holiday season

Reading now: 616

These forecasts are driven by deteriorating structural fundamentals. For example, credit card debt has surged past even 2020 levels, with interest rates charged by banks that are just slightly higher than those observed leading up to the post-2000 dot-com crash.

And yet, labor force participation rates — or the proportion of the population that is able to work and is working — have still not recovered to pre-pandemic levels.

Furthermore, inflation — as measured by the consumer price index — has surged over the past few years.Economic forecasts suggest that we are in for greater economic turbulence.

The United States has been in a recession and that recession is expected to continue, with the Conference Board forecasting a further decline in gross domestic product (GDP) by 0.5% in Q4 of this year.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News