Oil prices could surge to $250 amid Iran tensions. New all-time high by September 30 at 7.4% YES, by December 31 at 15% YES.
If the price of oil hits $150 a barrel it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC. Larry Fink, who leads the world's largest asset manager, said if ...
Fund managers still see “trade war triggers a global recession” as their biggest “tail risk,” according to BofA’s July Global Fund Manager Survey. The survey showed that 38% of global fund managers ...
The Federal Reserve's annual stress tests released Wednesday show that the largest US banks could withstand a severe recession with plenty of capital on hand to absorb hundreds of billions in losses.
Thousands of canceled flights in Europe over a spike in jet fuel prices. An energy emergency declaration in the Philippines. A two-week school holiday in Pakistan to conserve fuel used by commuters.
LONDON, May 8 (Reuters) - Global recession risks have shot back up markets' worry list, but the readout from economic data and key financial indicators is not as clear cut as it first appears. A ...
Alternative asset management firm Apollo Global Management projects a summer recession onslaught by trade war-inflicted stagflation, according to a report published by Torsten Slok, the firm’s chief ...
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WASHINGTON, April 17 (Reuters) - Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the International Monetary Fund's economic forecasts but no ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. A recession looks likely to some forecasters on Wall Street — and they're eyeing some big disturbances ...
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