Timothy Sumer

Police and protesters face off in Paris as demonstrations carry on over a pension reform that raises the retirement age in France. #Reuters #live #news #pensionreform #Paris #France #newsfeed Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Paris is once again in the midst of protests, this time against President Emmanuel Macron's proposed pension reform. Thousands of people have taken to the streets to voice their opposition, disrupting transportation and causing traffic jams throughout the city. The reform would create a unive

Erin Browne, multi-asset strategy portfolio manager at Pacific Investment Management Co. (Pimco), says easing financial conditions creates "a little bit of a pickle" for Federal Reserve monetary policy. She speaks with Lisa Abramowicz on "Bloomberg The Open." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Investors looking for a safe haven during an economic downturn should consider turning to bonds, according to Pimco's global investment strategist, Erin Browne. In her op-ed for CNN Business, Browne argues that bonds generally outperform in times of recession, providing steady income and downside protection. Bonds, unlike stocks, are fixed-income instrum

**This webcast aired on Wednesday June 16th, 2021** Get access to Hedgeye's FREE Market Brief newsletter: Throughout June, Hedgeye CEO Keith McCullough is hosting a special Real Conversations series with four leading market strategists: Inflation Tsunami: Investing During A Rising Inflationary Tide. Follow this link to get access to our other webcasts: MORE INSIGHT WITH STEVE HANKE Steve Hanke is the founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at Johns Hopkins. Hanke served as a senior economist in the Reagan White House and as an advisor to several nations' governments. Currently, he is a senior fellow at the Cato Institute, chairman of a metallurgical supervisory board in Amsterdam and chairman emeritus of the Friedberg Mercantile Group Inc. Watch last year's "Real Conversation" between Hanke and McCullough: "COVID-19, Panicky Markets & The Economic Implications&quo

Former Treasury Secretary Lawrence Summers says a US recession is almost inevitable. He says if we're going to go through a period of pain, we have to "slay the inflation dragon." He spoke to David Westin on "Wall Street Week."... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing As the United States approaches the end of a decade-long economic expansion, there are growing concerns about the potential for a recession in the near future. One prominent economic thinker who has recently weighed in on this issue is Larry Summers, a former U.S. Treasury Secretary and President of Harvard University. According to Summers, a recession is almost inevitable, and policymakers should start preparing for the worst. In a recent op-ed in the Washington Post, Summers argued that there are a number of factors that suggest a recession is com

For more information on subscribing to The Call @ Hedgeye: For more FREE investing videos: Get access to Hedgeye's FREE Market Brief newsletter: Sign up for Hedgeye University FOR FREE: For more information on subscribing to Financials Pro: First Citizens Bank received a $16.5 billion discount in its acquisition of Silicon Valley Bank’s loan book. Call it what you want, Keith McCullough says, but this is a government bailout. “It’s a good deal if you can get it,” explains Hedgeye’s CEO in this clip from The Call @ Hedgeye. “The FDIC is underwriting First Citizens’ deal. I hope anybody who doesn’t call this a bailout really feels smart about it.” The discount comes at the expense of taxpayers, and will presumably lead other banks to seek similar bargains in the future. “Now that the market has seen the deal First Citizens got, it might make it more of a challenge for First Republic than it already was,” explains Financials analyst Josh Steiner. “Everybody’s go

Recent bank stress issues have revealed that financial conditions are "quite tight," Pimco North America Economist Tiffany Wilding says during an interview with Lisa Abramowicz on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Pimco's Chief Investment Officer, Marc Wilding, has expressed concerns over the increased level of stress in the banking industry. According to Wilding, this stress could potentially boost the odds of a recession in the near future. The banking industry is currently facing various challenges which could add more pressure to an already stressed system. One of the major challenges is the low-interest rate env

Former US Treasury Secretary Lawrence H. Summers reacts to US inflation data and explains why he believes a recession in 2023 is still likely. He speaks to David Westin on "Wall Street Week" on Jan. 13. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing As we approach the summer months, there is growing concern among economists and financial experts that the United States could be headed for a recession this year. While this may seem like an unwelcome prediction, there are several factors that suggest a recession is more likely than not. Firstly, there has been a significant decline in global economic growth over the past year. Many countries are experiencing slower growth

French President Emmanuel Macron's flagship pension reform, which raises the retirement age to 64, received the Constitutional Council's green light, prompting outcry from people outside Paris' City Hall. #topnews #france #pension #emmanuelmacron #News #Reuters #newsfeed Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing French protesters have slammed the decision backing pension reform, rejecting the government's plan to merge the 42 retirement schemes into one universal points-based system. Tens of thousands of prot

"This economy is not an inflation-prone economy," JPMorgan Asset Management Chief Global Strategist David Kelly says during an interview with Jonathan Ferro on "Bloomberg The Open." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing JP Morgan's chief global strategist, David Kelly, has made a prediction that the United States will be on the edge of recession for the next two years. His prediction is based on several factors, including slow economic growth, trade tensions, and the potential impact of the upcoming presidential election. One of the main factors that Kelly cited for his prediction was the current state of economic growth in the United States. Whi

"I'd bet that within 12 months this economy is in a downturn," Dreyfus Mellon Chief Economist Vincent Reinhart says. Speaking with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance," Reinhart also discusses Federal Reserve monetary policy and the outlook for inflation. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Economist Carmen Reinhart has warned that a recession is likely amid the ongoing coronavirus pandemic, but that inflation is expected to remain off peak. Her comments come as the pandemic continues to wreak havoc on global economies, with rising case numbers leading to further restrictions and economic damage. Reinhart, a professor at Ha

Michael Feroli, JPMorgan chief US economist, says he expects the US economy to "slip into recession by the end of the year." He speaks on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing JPMorgan's Chief US Economist, Michael Feroli, recently predicted that the United States could experience a recession sometime this year. This warning came amidst increasing concerns regarding the global economic slowdown and the US-China trade tensions. Feroli based his prediction on several factors, including the slowing global growth, a weaker manufacturing sector, and the inverted yield curve. The yield curve is a significant indicator of

Global prices are surging for essentials like food, heating, transport and accommodation. And though a peak could be in sight, the International Monetary Fund is warning the effects may yet get worse. #News #Reuters #newsfeed #world #business #globaleconomy #recession #Ukrainecrisis #inflation #IMF Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing 2023 is expected to be a difficult year for the global economy, with the International Monetary Fund (IMF) warning that it will feel like a recession. While this might sound concerning, the reasons behind the prediction

US in Recession, Choppy Market Ahead: Schwab's Kleintop Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The United States is currently facing a recession and a choppy market for the foreseeable future, according to Jeffrey Kleintop, the Chief Global Investment Strategist at Charles Schwab. The COVID-19 pandemic has caused significant disruptions to the economy, leading to job losses and decreased consumer spending. In addition, the ongoing trade tensions with China and other countries have added to the overall uncertainty in the market. Kleintop notes that although the stock market has rebounded somewhat in recent months, it is still highly volatile and could experience sign

Treasury Secretary Janet Yellen says liquidity played an important role in the failures of Silicon Valley Bank and Signature Bank. She says the administration needs to examine what happened. She is questioned by Democratic Senator Elizabeth Warren during a Senate Finance Committee hearing. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Janet Yellen, the former Chair of the Federal Reserve, recently spoke out about the role of liquidity in bank failures. In an interview with The Wall Street Journal, Yellen highlighted the importance of having adequate liquidity in order to prevent banks from collapsing. According to Yellen, lack of liquidity was a major contr

"Very easily there's a scenario where we potentially get to 6%" Fed funds rate, Brean Capital Chief Economic Adviser John Ryding says during an interview with Kriti Gupta and Jon Erlichman on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Brean's Ryding, the chief economist at Brean Capital, has warned that the US economy could be headed towards a recession. This comes following the recent stock market turmoil which saw the Dow Jones Industrial Average plummet by over 1,000 points in a matter of days. Ryding has cited several factors that could contribute to the economic downturn, including the ongoing trade war with China and the increasi

The euro zone eked out growth in the final three months of 2022, avoiding a recession even as sky-high energy costs, waning confidence, and rising interest rates took a toll on the bloc's economy. #News #Reuters #newsfeed #EU #Economy Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The euro zone economy has managed to avoid a recession, with the surprise growth in the fourth quarter of 2019, according to data from Eurostat, the European Union's statistical agency. The economy of the 19-country bloc grew by 0.1 percent between October and December. This m

Former FDIC Chair William Isaac says the government is bailing out banks SVB and Signature Bank. He says he is not worried about the banking sector. He speaks on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing In the wake of the 2008 financial crisis, government bailouts of banks and other financial institutions were a contentious issue. Many argued that these bailouts were necessary to prevent the collapse of the financial system, while others believed they were simply a way to reward reckless behavior and transfer wealth from taxpayers to Wall Street. One of the most vocal opponents of the bailouts was Sheila Bair, who served