There’s a significantly elevated chance that a U.S. recession will begin within the next 12 months. The odds are roughly one ...

A depression is a severe and prolonged downturn in economic activity. It may be defined as an extreme recession lasting three or more years, leading to a decline in real gross domestic product ...

Typically, economists have defined a recession by two consecutive quarters of negative GDP growth, which we have now technically achieved, as shown in the chart above. But, not so fast.

The fifth and final chart that suggests we're in nothing more than an epic bear market rally is the net percentage of domestic banks tightening their standards for credit card loans.

Let’s look for a leading indicator. A crash and recession/depression ahead will hurt some businesses more than others.

A viral chart made the rounds on social media showing the correlation to recessions and peak interest rates.

Recession pop is trending according to TikTok but what is it and is the sound that defined the late 00s post-economic crash really back?

A depression is far worse. A depression is a widespread, extreme recession that lasts longer and causes generational damage to the economy.

This catches every recession since the Depression, and entered the danger zone in March (see chart 2).

That depression coincided with the breakup of the Soviet Union, a large trading partner of Finland. During the Great Depression, the US economy contracted by about 30 percent over a four-year period.

A viral chart suggests a recession is coming after the Fed cuts interest rates - but don't panic yet Provided by Dow Jones Aug 4, 2024, 3:15:00 PM ...