"Rushing in to confront a crisis is always better than letting it simply unfold."

"Analysts say even a marginal acceleration of Chinese demand could cushion the growth drag on Asia from slower shipments from the US. But China’s economy faces numerous headwinds that threaten to throw it off course."

>"A survey of U.S. consumer confidence dropped in June to a 16-month low of 98.7, as Americans grew more _...Read More_

"One reason to be humble is that economists do not have a good track record in predicting recessions."

"Nouriel Roubini says six factors will determine how bad the next downturn will be for the real economy and equity markets."

>""Our worst fears around the Fed have been confirmed: they fell way behind the curve and are now playing a dangerous game of catch up," Ethan Harris, global economist at BofAS wrote, adding that the firm expects the Fed to hike interest _...Read More_

"Our worst fears around the Fed have been confirmed: they fell way behind the curve and are now playing a dangerous game of catch up," the bank said."

>"World Bank President David Malpass said on Sunday that it would be very difficult for some countries to avoid a recession given global economic forces. During an appearance on CBS’s “Face The Nation,” moderator Margaret Brennan asked _...Read More_

>"Business confidence slumps to level that typically signals imminent recession, warns economist"

"Michael J. Boskin thinks the Biden administration and the Democrats are misreading both the economy and the electorate."

"ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero"

>"Tesla CEO Elon Musk said on Tuesday that he thinks the United States will likely fall into a recession in the near future.  “A recession is inevitable at some point,” Musk told Bloomberg Editor-in-Chief John Micklethwait at the Qatar _...Read More_

>"Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to counter."

"Soaring inflation and supply-chain issues have increased pessimism."

>"From stagflation to strikes, the only way is down for the prime minister"