The last three recessions were quite different from most preceding recessions because they were precipitated by crisis factors other than the business cycle. The next recession probably won't be a ...
The definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP) for two consecutive quarters. In the United States, the National Bureau of ...
Let’s say you’re an armchair economist and you think the U.S. economy is already in a recession (as many people do). Or maybe you’re sure it’s still growing. Either way, you would love to serve on the ...
About the authors: Edward Yardeni is president and chief investment strategist and Eric Wallerstein is chief markets strategist at Yardeni Research. Tightening monetary policy did not cause a ...
Stagflation is an economic cycle marked by high inflation, high unemployment and sluggish economic growth—an uncommon combination of circumstances. The financial headlines of 2025 have been heavy with ...
The economist and market strategist David Rosenberg took a lot of heat for predicting that the Federal Reserve’s big increase in interest rates would tip the U.S. economy into recession. “I spent most ...
Introduction -- Part I: The best of times -- New age economics -- Golden globe -- Competing on a violent scale -- By legislation or fiat -- Where credit is due -- Castles in Spain -- Part II: The ...