2024 Recession

Noted economist, Steve Hanke, has predicted a recession, a stock market downturn, and inflation falling below 2% by the end of 2024. What Happened: Hanke, a professor of applied economics at Johns Hopkins University, suggests that the stock market is overvalued and will likely see a decline as the...

Equity markets have been in retreat so far in 2024 as investors take profits following the strong run in the fourth quarter. Sentiment has been driven by concerns that an economic slowdown could hit corporate earnings in the coming quarters. On Wednesday, early index futures trading appeared to...

What Happened: Noted economist Peter Schiff recently expressed his concerns about the economy in 2024. He predicts that the Federal Reserve‘s efforts to restore price stability will backfire, leading to a recession and a resurgence of high inflation. Investors are convinced the #Fed has...