For the past six quarters, the United States has been facing a worrying trend: the amount saved by households, businesses, and the government, as a […]
Tag: Economic Downturn
Leading Economic Index Declines Further, Signaling Potential Recession Ahead
The Conference Board’s Leading Economic Index (LEI) dropped by 0.6% in the past month, which was a larger decline than the expected 0.4%. This index […]
Moody’s Adjusts Outlook to Negative for Banking Sectors in Germany, Britain, France, Belgium, the Netherlands, and Sweden
On Thursday, credit rating agency Moody’s announced a shift in its outlook for the banking sectors in several European countries. The outlook for Germany, Britain, […]