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Economist Who Predicted Recessions Via Inverted Yield Curve Forecasts US Economic Slowdown In 2024: 'I've Kind Of Revised My Opinion'
Sunday, January 21, 2024 - 11:18pm | 740The economist who introduced the inverted yield curve as a recession predictor has forecasted a slowdown for the U.S. economy in 2024. What Happened: Campbell Harvey, a Canadian economist and researcher at Duke University, has indicated that the U.S. economy is likely to experience a downturn this...
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Why The 'Flawless' Recession Indicator May Be Wrong This Time
Monday, January 9, 2023 - 1:23pm | 717The U.S. Treasury yield curve, which is closely monitored as a gauge of the health of the economy, inverted in November, signaling to bond investors that a U.S. recession is imminent. However, Campbell Harvey — the economist who developed the indicator — recently told Bloomberg that the...
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Savvy Or Stupid? Many Americans Betting Their Retirement Savings On Bitcoin
Monday, July 31, 2017 - 3:53pm | 404Penny for your thoughts on whether putting your retirement savings into bitcoin, the hot but crazy-volatile cryptocurrency, is worth risking a nest egg. Some people are more than convinced. BitcoinIRA launched last year and Chief Operating Officer Chris Kline tells CNBC the company is doing roughly...
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Will Coffee Prices Continue to Tumble in 2014?
Thursday, January 2, 2014 - 2:56pm | 596What will 2014 mean for the price of your daily cup (or two) of coffee? If you purchase that morning beverage or afternoon pick-up from your local barista, you probably won't see much of a change. But a continuing oversupply of coffee on a global scale probably means supermarket and wholesale...