By James Leggate Published July 01, 2019 U.S. Economy FOXBusiness Facebook Twitter Comments Print video Looking for growth in a confusing market environment Hodges Capital Management founder Craig Hodges on the state of the markets and the impact from Federal Reserve policy and U.S. trade tensions with China. The U.S. economy broke a record for its longest expansion ever Monday. Continue Reading Below Economic expansion has continued for more than 10 years. Growth is now in its 121st month since the Great Recession ended in June 2009, according to the National Bureau of Economic Research. The economy set its previous 120-month record between March 1991 and March 2001. That growth period ended after the dot com bubble burst. The rate of growth, however, has been slower than during other periods of economic expansion. For example, during that previous record-holding period in the ‘90s, the average growth was 3.6 percent per year. … [Read more...] about US economy breaks record with post-recession expansion
Recession and depression
Dec 20, 12:49 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Owen Davis @odavis_ 05/13/16 AT 12:42 PM PreviousNextMacy’s Inc.: hammered. J.C. Penney Co.: crushed. Nordstrom Inc.: clobbered.Retail giants across the spectrum ailed this week following a spate of underwhelming earnings reports and depressed sales projections for the rest of the year. But in all that malaise, a surprising reality was hidden: Consumers have been on a retail spending tear.Numbers released by the Commerce Department on Friday showed a 1.3 percent gain in retail spending by consumers in March, exceeding analyst expectations of a modest 0.8 percent gain, with grocery stores and online vendors doing their most brisk business in two years. The news was bright enough to bring some retailers’ stock back into the green Friday.If consumers are still spending, why are brick-and-mortar department stores still … [Read more...] about Consumers Are Back — But They’re Not Shopping At Malls And Department Stores
The U.S. stock markets in December are on track for the worst performances the country has seen since the Great Depression.If the S&P 500 and the Dow Jones Industrial Average continue on pace, they'll have their worst annual loss since the 2008 Great Recession and could see their worst performance since the S&P plunged about 14 percent in December 1931. The most recent major December slump was in 2002 when the markets dropped about 6 percent. But by this week, both benchmark indexes had already surpassed that. So far this month, the S&P 500 is down 7.6 percent and the Dow is down 7.8 percent.Speculators say much of the worry surrounding the markets can be attributed to the Fed this week, as the agency is likely to raise interest rates on Wednesday for the fourth time in 2018, according to Business Insider. Concern about trade and tariff tensions — especially between the U.S. and China — could also have a market effect. The markets … [Read more...] about December stock market performance on track to be worst since Great Depression
Anyone posing as Mystic Meg in the current environment of political turmoil would either be very brave or a charlatan. In four months’ time, the UK could still be a member of the EU, or will leave in either a chaotic or an orderly manner; with a radically different or the same government; or still be bickering about what to do next. Prediction is a mug’s game. For businesses, chronic uncertainty is a major headache. There is a temptation to grasp at anything which hints at stability, even if the relief is temporary or illusionary. My former company, Shell, developed a technique for dealing with long-term uncertainty: scenario planning. I was immersed in the process for several years, and saw the strategic advantage of being able to imagine stories of what is plausible in an uncertain world. It was out of such work that Shell decided a quarter of a century ago to switch to gas from heavier hydrocarbons, and to shift downstream operations to the emerging markets. But such … [Read more...] about What might happen in 2019? A second referendum, an economic recession, and the political parties will fall apart
Sections SEARCH Skip to content Skip to site index Economy Subscribe Log In Subscribe Log In Today’s Paper Economy | What Is a Recession, and Why Are People Talking About the Next One? Supported by ByNiraj Chokshi Dec. 17, 2018 The economy may be healthy, but the cynics abound. Even though many say conditions remain strong, several large investors see the risks of a recession rising, with half of chief financial officers expecting one to strike next year, according to a recent survey. A survey of chief executives at a Yale University summit conference last week found that almost half thought the country could find itself in a recession as soon as the end of the month. It’s anyone’s guess when the good times will end, but in a complicated, volatile world it’s not a question of if a recession is coming, but when. Here’s a brief guide to what you should know about recessions and why some … [Read more...] about What Is a Recession, and Why Are People Talking About the Next One?