-
Economist Steve Hanke Brushes Off Trump Economic Worries As 'Nonsense,' Predicts Fed Will Bring Prices Below 2% In 2025
Tuesday, November 26, 2024 - 5:00am | 504Contrary to growing concerns about potential inflationary pressures under President-elect Donald Trump‘s administration, top economist Steve Hanke dismisses fears of a significant price surge, citing monetary policy and money supply as critical factors. What Happened: In a recent interview...
-
Stocks 'Remain Pricey,' Says Top Economist Steve Hanke: 'Multiples Will Come Off As The Recession Starts To Bite'
Friday, January 19, 2024 - 1:40am | 700Noted economist, Steve Hanke, has predicted a recession, a stock market downturn, and inflation falling below 2% by the end of 2024. What Happened: Hanke, a professor of applied economics at Johns Hopkins University, suggests that the stock market is overvalued and will likely see a decline as the...
-
'Right Around The Corner' — Economist Steve Hanke Predicts Recession, Deems Stocks 'Pretty Pricey'
Saturday, August 26, 2023 - 12:24am | 501Renowned economist Steve Hanke warns of an imminent recession, indicating that stocks are overpriced and expected to return less than bonds. What Happened: Hanke, a professor of applied economics at Johns Hopkins University, anticipates a recession in the first half of 2024. He...
-
Steve Hanke Says With Money Supply Contracting At 'Unprecedented' Rate, Recession Is 'Around The Corner'
Thursday, February 9, 2023 - 9:26am | 444Steve Hanke, the professor of Applied Economics at Johns Hopkins University, reportedly said with the U.S. money supply contracting at an unprecedented rate, a recession will be right around the corner. What Happened: "The money supply changes eventually get transmitted first with a lag of about...
-
Johns Hopkins Professor Steve Hanke Blames Biden's 'Blunders,' Fed For Plummeting Deal Activity And 'Worse Off' Household Finances
Monday, January 9, 2023 - 9:30am | 438Steve Hanke, a professor of Applied Economics at Johns Hopkins University, has criticized the Federal Reserve’s monetary policy and President Joe Biden’s administration for a sharp drop in deal activity last year. Hanke cited a Bloomberg article from...
-
Johns Hopkins Professor Steve Hanke Says Price Cap On Russian Oil Will Further 'Politicize' Market: 'Customers Will Pay The Bill'
Thursday, December 29, 2022 - 8:00am | 482Steve Hanke, Professor of Applied Economics at Johns Hopkins University, has reiterated his skepticism about the impact of Western sanctions on the oil market stating that it would be the customers who would bear the brunt of these actions. What Happened: Citing a Wall Street Journal report that...
-
Western Sanctions On Putin's Russia Increased Oil Exports To China, Created Europe Energy Crisis: Johns Hopkins Professor
Thursday, December 8, 2022 - 9:10am | 451Steve Hanke, Professor of Applied Economics at Johns Hopkins University, has expressed his skepticism about the impact of Western sanctions on Russian oil highlighting the fact that the country has increased its oil exports to China. “Since the West started levying its ill...
-
Will The Fed's $1.5 Trillion Emergency Stimulus Actually Help?
Friday, March 13, 2020 - 2:30pm | 714The Federal Reserve announced Thursday a new program to provide up to $1.5 trillion in short-term loans to support financial market liquidity. Stocks initially traded higher on Friday following the news, but experts are mixed on whether or not the Fed is doing enough. Trump Lashes Out The Fed...