Americans' debt soars near Great Recession levels, even as wealth levels rise: Fed data
Americans' debt has soared near levels not seen since the wake of the Great Recession - a cause for concern even as most families have seen their wealth increa…


Glideslope AI-powered market news
4 stories in the last 7 days, reading strong bearish overall. Quiet in the last 24 hours.

| Day | Mood | Stories |
|---|---|---|
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | −79.4 | 2 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | +56.6 | 1 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | −63.4 | 1 |
| Sat, Oct 3 | — | 0 |
Americans' debt has soared near levels not seen since the wake of the Great Recession - a cause for concern even as most families have seen their wealth increa…

Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.

No recession is expected, but ongoing issues cause overall concern.

Treasurer says 'very substantial and intensifying pressure' on federal budget as he points finger at private sector for driving up inflation amid Middle East c…

LinkedIn cofounder says AI infrastructure is the 'only reason we're not in a recession'
Raising rates doesn't produce barrels. Why a Fed hike raises recession risk.

The bond market can be tricky for even its most sophisticated and well-armed participants.

Legendary economist Gary Shilling says consumer signals point to a recession in the next 12 months
AI might be the one reason we're not in a recession, top economist David Rosenberg says
The number of adults who are "not in the labor force" (NILF) surged to an all-time high in June to 105.8 million, according to figures from the Federal Reserve…

The potential of AI is enormous

Growing threats from China and falling token prices may put AI financials at risk.
Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession.
The countries surrounding the Persian Gulf undoubtedly suffered the greatest economic damage from the war against Iran, which began four months ago. Broker Oct…
The May jobs report blew past forecasts. Why is it taking six months to find a new job?
Policy forum lays out 'prolonged disruption' scenario in which world's GDP falls to 2.1% this year from 3.4% in 2025Rural UK 'particularly at risk' of diesel s…

Taylor & Martin's Steve Oliver explains how rising freight rates, constrained new truck production and lingering pandemic-era debt are reshaping the used equip…

The U.S. economy may be more fragile than a raging bull market suggests.
The personal savings rate fell to its lowest level in roughly four years on Thursday

Major Financial Indicator Flashing Red As It Approaches Level Not Seen Since Great Recession

A new report from the national Education Scorecard warns the U.S. is experiencing a "learning recession." Thomas Kane, professor at Harvard's Center for Educat…

Researchers say the U.S. is experiencing a "reading recession" that predates the pandemic. But some places are bucking the trend, chalking up higher test score…

Zebra Technologies' strong earnings and raised guidance signal a turning point for the industrial sector as supply chain hardware spending resumes.

As the freight cycle recovers and utilization rises, the industry is confronting a massive accumulation of deferred maintenance from the prolonged freight rece…

"This level of industry decline is similar to what we have observed during the global financial crisis and even higher than during other recessionary periods,"…

Top economist Gary Shilling says a recession and a deep stock-market plunge are likely by year-end
From energy markets to everyday prices, the fallout from the Iran war is reshaping the global economy.
April's State of Freight discussion suggests the current freight lull is more seasonal than structural. The post State of Freight: Freight recession 'over' as…

Corporate profit margins and P/E multiples - not GDP forecasts - are the real tools to surviving a bear market.
JPMorgan Chase CEO Jamie Dimon says an economic downturn sparked by weakness in credit would encompass more than just the private credit segment and be more se…
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