Billionaire Ray Dalio Shuns Bonds, Embraces Cash: What’s Behind His Strategy?
Ray Dalio, the billionaire hedge fund investor and founder of Bridgewater Associates LP, has taken a bold stance…
Why A Corporate Debt’s Ticking Time Bomb Could Make A 2024 Recession Inevitable, Analyst Warns
Is a recession inevitable in 2024? Fidelity's Salman Ahmed warns of the impact of corporate debt and the Federal Reserve's policies.
Investors Bet $7B On Ultra-Short Term Bond ETFs, Chase 5% Returns Amid Market Volatility
August’s unpredictable market swings have led investors to seek solace in cash-equivalent ETFs, marking the most significant influx…
Debt Ceiling Deal: Mapping The Key Stages Towards ‘Fiscal Responsibility Act’ Approval
President Joe Biden and House Speaker Kevin McCarthy struck a preliminary agreement on the debt ceiling over the weekend, dubbed the "Fiscal Responsibility Act," which suspends the debt limit until 2025 and limits discretionary spending for the next two years.
Clock Ticking As Republicans Dismiss Biden’s Tax Plans As Debt Ceiling Showdown Intensifies
Negotiations to raise the U.S. federal debt ceiling met fresh snags after the White House presented congressional Republican leaders with a list of proposals to reduce the deficit by closing tax loopholes on Monday, which were universally rejected by the GOP.
Recession Probability At A 40-Year High As Treasury Yield Curve Goes Wild Amid Debt Ceiling Crisis
The probability that the U.S. economy will enter a recession within the next year has increased to 68.2% in April.
That's the greatest level since late 1982, according to the Federal Reserve Bank of New York.
Unraveling Treasury Yield Curve: 5 Charts Depicting Haywire Shifts In The Debt-Ceiling Crisis
The Treasury yield curve has witnessed substantial volatility in recent weeks as a result of multiple shocks, mostly related to Fed interest rate expectations, the dangers of a recession, and the consequences resulting from the debt-ceilin
Economic Alarm Bells Ring: New York Fed’s 12-Month Recession Probability Soars To Levels Unseen Since 1982
The likelihood of a recession in the United States within the next year has risen to almost 58%, the highest level since August 1982, according to the New York Federal Reserve.