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News — powell

Can the U.S. Government Help the President Prevent a Recession?

Posted by Metals Corporate on

By John McDonald With recent economic news pointing the country toward higher recession risks, some analysts are skeptical that the president and the Fed will be able to boost the national economy enough to completely avoid a downturn. With only 75,000 new jobs added in May (compared to an average 223,000 per month in 2018) and controversial trade policies toward China and Mexico, the national economy could be feeling the effects of a relatively tepid first half of 2019. Federal Reserve chair Jerome Powell addressed the matter head-on in early June, announcing that the Fed would likely not raise interest...

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The Dow has lost 2,245 points, or 8.4%, in 21 days (Morgan Stanley says it's just the beginning)

Posted by Brock Bowers on

Morgan Stanley has a pessimistic view, seeing yet more declines ahead. 

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