Most U.S. states lack reserves to weather next recession: S&P

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While U.S. states' financial health has strengthened in 2018 compared with ...

 

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And it is progressively getting worse, a botched future of the Republican Party succumbing to an irrational Donald Trump period! Each disaster brings States closer to bankruptcy! WSJ TIME CNN CNNPolitics business GOP DNC realDonaldTrump nytimes washingtonpost

President Trump will save us! I already live much better after President Trump. The Arby’s store I work for even started giving us a free meal for working a shift! MAGA

but the mk is still bull

🙄

Thx Obama.

They were told after decreasing revenues without decreasing spending.

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These are the U.S. states most (and least) prepared for the next recessionOh. I thought it was one of those maps of Trump country. Hmm, wonder why there’s such an overlap. Last time we saved that much, the GOP looted it. Nope.
Source: Bloomberg - 🏆 97. / 63 Read more »

Dick Bove: The Federal Reserve could be dragging us into a recessionNotable banking analyst Dick Bove makes the case for why the Federal Reserve is too tight already. That would be trump and the GOP Trump's trade wars are doing that. Interest rate hikes have winners. Americans lose on both ends of the trade war. We pay more and lose jobs as companies look to avoid taxes and costs. LIES. With the economy as strong as it is - stock market soaring, the interest rates should be 5-7% by now. The only ppl it will hurt are the 1% that benefited to begin with. We're good with that.
Source: CNBC - 🏆 12. / 72 Read more »

Real Time Economics: Is the U.S. Ready for the Next Recession?There's no sign of a looming downturn in the U.S. economy, but there’s always a next recession. What has the U.S. done to prepare? Very little. In fact, in recent years, we have made it worse. By passing substantial taxcuts during a period of growth, launching trade wars around the world, and ballooning the national debt, the government will have far less tools to use when a recession inevitably happens. A continuously growing debt will ruin our ability to aid the economy when it weakens. :)
Source: WSJ - 🏆 98. / 63 Read more »

Many U.S. Financial Officers Think a Recession Will Hit Next YearAlmost half of U.S. chief financial officers believe a recession will strike the U.S. economy by the end of 2019, with the tight labor market and growing trade tensions driving economic jitters among corporate America. What about the ‘more than half’ others? Recession is not a very bad news, crisis such 2007 lehman bros it was a bad news As long as the FederalReserve exists, the economy will always be in turmoil. EndTheFed
Source: WSJ - 🏆 98. / 63 Read more »

World’s biggest hedge fund says stocks aren’t pricing in ‘near-recession’ U.S. growth next yearWe are just a few days away from Christmas, but spirits are low as a shutdown looms and investors are still coming to grips with an era of tighter money. Our call of the day has some bad news for those hoping U.S. growth will surprise on the upside next year.
Source: MarketWatch - 🏆 3. / 97 Read more »

Pimco's Fels says higher probability of U.S. recession over next 12 monthsRecession models are suggesting a higher probability of a U.S. recession over th... Of course. The inverted yield curve will tell you that. Predicting the failure future of the economy will not prove you smart at all, but figuring out ways to prevent it from happening will make you a GENIUS!
Source: Reuters - 🏆 2. / 97 Read more »

These are the states most (and least) prepared for the next recessioncryptomanran in response to your last post haha... funny timing Your graphic seems to have the great-than & less-than symbols reversed? Mr. Bloomberg. Please let us think positive. Sincerely Shellie Gary
Source: Bloomberg - 🏆 97. / 63 Read more »

States Face Crunch If Fed’s Tool Kit Is Limited in Next RecessionWhen the next recession comes, some states are likely to suffer much more than others if the Federal Reserve lacks ammunition to make economic downturns less severe, new Fed research shows.
Source: WSJ - 🏆 98. / 63 Read more »

U.S. Postal Service suspends delivery across several states due to extreme cold weatherU.S. Postal Service is suspending delivery operations across several regions as a result of life-threatening freeze. Instead of one's letter being in the DDU for 3 days, one can count 7 to 8 days before delivery.
Source: Newsweek - 🏆 468. / 52 Read more »

Bond markets are sending an economic warning signal — here's when the next US recession may hitThe spread between US 2-year and 10-year bond yields – a key indicator of recessions – fell sharply to its lowest level in 11 years this week. Any day now :/ Indiana Jones...awww
Source: BusinessInsider - 🏆 729. / 51 Read more »