#RecessionRisk #EconomicOutlook #OilPrices
uk.finance.yahoo.com
Moody's says a US recession is increasingly 'hard to avoid' amid Iran war
The influential financial firm Moody's warned that their leading AI-based economic model put the probability of a US recession starting in the next 12 months at 49% before the Iran war, alerting that high oil prices are now likely to make it cross 50%.
#Inflation #FederalReserve #EconomicOutlook
www.nbcnews.com
Trump's war on Iran creates an economic storm for consumers and the Fed
Inflation held steady in February -- but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape.
#JobMarket #Inflation #EconomicOutlook
www.businessinsider.com
The Fed got new inflation data ahead of its interest rate decision. Inflation remained at 2.4%.
Meanwhile, data published Friday showed job creation wildly missed expectations last month.
US inflation held steady in February as economists expected, with prices rising 2.
#GoldInvestment #ReserveAsset #EconomicOutlook
www.businessinsider.com
Investing legend David Einhorn says gold is replacing US Treasurys as a reserve asset
Billionaire David Einhorn thinks gold is well on its way to becoming the world's ultimate reserve asset.
The Green Light Capital founder said he believed the metal had already begun to replace US Treasurys as the top reserve asset among the world's central banks, attesting to its safe-haven status and shakier confidence in the US macro and fiscal outlook.
#GeopoliticalUncertainty #MarketVolatility #EconomicOutlook
www.aol.com
Trump's Greenland saga has left lasting uncertainty on Wall Street
It has been a week of geopolitical uncertainty and policy whiplash. Stocks and bonds regained ground, the US dollar sank and gold posted its best week since 2020.