the war on Iran will shake the global economy
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Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity
Wall Street veteran Jim Paulsen said tech is the only bright spot in the economy, comparing the bifurcation to the Mag 7 vs. the rest of the S&P 500.
Top economist David Rosenberg sees a "very significant" US recession once fiscal stimulus dries up and AI-related capex starts to wane.
A global recession is ‘almost inevitable’ if the war on Iran should drag on, a leading Irish economist has warned. Like the cost-of-living spike caused by Russia’s invasion of Ukraine in 2022, soaring energy prices will drive general inflation and prevent European Central Bank (ECB)interest rates from coming down.
Economists warn that the war has increased the risk of a recession. And the longer the crisis lasts, the greater the danger to an economy that already looked vulnerable before the chaos in the Middle East.
As the Iran war stokes inflation and economic growth remains tepid, some experts worry about stagflation. How concerned should you be?
Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity
Prices at the pump have spiked again, with the national average increasing by three cents to $3.64 a gallon, according to GasBuddy. In the Rochester area, prices are currently a dime cheaper, but experts warn this won’t last.
When times are tough, not everyone has stocks or bonds they can liquidate. But even some seemingly unremarkable objects can have surprising resale value.
Japan's economy grew 0.1% in the fourth quarter of 2025 compared to the previous three months, avoiding a technical recesssion