The Sahm Rule is getting airplay, but Sahm is not what I am, it is just one non-exceptional and somewhat lagging indicator of the coming recession.
“We are pointed toward recessionary dynamics”
Well, that's obvious.
Claudia Sahm talks…
Democratic presidential candidate Vice President Kamala Harris speaks to supporters during a campaign rally at West Allis Central High School on July 23, 2024 in West Allis, Wisconsin. (Photo by Jim Vondruska/Getty Images)Democratic…
Prime Minister Sir Keir Starmer has dismissed calls to recall Parliament to discuss the violent protests taking place across the country. Former home secretary Dame Priti Patel, Labour MP Diane Abbott and Reform UK leader Nigel Farage!-->…
WASHINGTON (Reuters) - Venezuela is being run by a dictator, Republican presidential candidate Donald Trump said on Monday, without mentioning Venezuelan leader Nicolas Maduro by name. "I know it very well, and Venezuela is right now…
By Erwin Seba HOUSTON (Reuters) -Oil climbed more than $1 on Monday, returning to positive territory in volatile trade as markets were roiled by stock market sell-offs on fears of a U.S. recession, but declines were limited by possible…
By Maria Alejandra Cardona STEINHATCHEE, Fla. (Reuters) -Storm Debby made landfall as a Category 1 hurricane in the Big Bend region of Florida on Monday morning and began a slow crawl toward the Atlantic Coast, on track to unleash a week…
By Clyde Russell LAUNCESTON, Australia (Reuters) -Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may become a victim of its own success, with consumer buying…
Investing.com -- Oil prices slipped Monday, though moved off the lows the day as upbeat U.S. services data eased concerns the U.S. economy is headed for recession, while ongoing supply worries from rising tensions in the Middle East also…
Investing.com-- Gold prices retreated slightly Monday, but were still trading in sight of record highs as the yellow metal benefited from increased safe haven demand amid heightened concerns over slowing economic growth. At 06:00 ET…