A Top Economist Says There’s an ‘Uncomfortably High’ Chance That the US Is Heading Into a Recession in the Next Year
Mark Zandi has been ringing the alarm bell for a recession in recent weeks, and now, he says one indicator pushed the odds of a downturn to an “uncomfortably high” level.
The Moody’s Analytics chief economist in August described the US economy as being on the “precipice of recession.” Speaking with Business Insider shortly after, he reiterated his call, noting that the economy is at the edge of a cliff.
Zandi’s newest prediction, though, may be his most dire. Over the weekend, he shared his latest take on concerning economic data in a series of X posts.
Citing data from Moody’s Analytics, Zandi said that the risk of the US entering a recession in the next 12 months is currently 48%…. (Continue to full article)
Three-Chart Case For Silver’s Outperformance
Silver’s recent strength is attracting attention, with investors and analysts debating whether the metal is primed for a sustained period of outperformance. Three charts – the gold-to-silver ratio, silver’s relative value against the S&P 500, and a major long-term technical breakout – offer evidence that silver may be entering a new bull phase.
The gold-to-silver ratio, which measures how many ounces of silver are needed to equal one ounce of gold, is one of the oldest continuously tracked relationships in markets.
A high ratio shows that silver might be undervalued relative to gold, while a low ratio suggests the opposites… (Continue to full article)
Gold Prices Are Near a Record High. Here’s Why Experts Say It’s Worth Investing in Anyway
Inflation has sent the costs of many goods and services upward in recent years. It’s also had a hand in a surging gold interest, which has sent the price of the precious metal soaring.
Since 2023, gold prices have hit record levels several times. And today, the spot price of gold sits at over $3,600 per ounce, which equates to an increase of about $1,600 compared to just two years ago.
With gold prices so high, many investors may be hesitant to invest in the precious metal. Has it hit its peak, after all? And is buying right now too risky?… (Continue to full article)
Gold Prices Soar, Outperforming Stock Market Amid Economic Uncertainty
The price of gold is hovering around record levels and has exploded in value over the past year or so as the economy faces uncertainty.
As of Friday, gold was selling for about $3,680 per ounce. That represents an 8.3% increase from just a month ago, a 25% increase from six months ago, and a strong 38% growth in value from the start of the year.
Compare that to the stock market, the S&P 500 has notched gains of about 12% since the start of the year, the tech-heavy Nasdaq is up nearly 15%, and the Dow Jones Industrial Average has grown 8% in that same time period… (Continue to full article)
15 Grocery Items That Keep Rising in Price
With the cost of living continually rising, it’s more important than ever to be aware of the fluctuating prices of everyday items. Grocery shopping, a regular and unavoidable expense, is becoming increasingly costly. Understanding which items are seeing the biggest price increases can help you budget more effectively and potentially find alternatives.
This list is compiled based on real-world trends, market data, expert interviews, and consumer surveys. It delivers a clear insight into the grocery items that have seen the most significant price increases in recent years.
By being aware of these trends, you can make informed decisions to help stretch your dollar further… (Continue to full article)
It’s A Crisis! A Whopping 67 Percent Of American Workers Are Living Paycheck To Paycheck In 2025
When two-thirds of all the workers in your entire country are just barely scraping by from month to month, you have got a major crisis on your hands. For a long time, our standard of living has been going down and the middle class has been shrinking.
But in recent years, those two trends have accelerated. We have now reached a point where it takes 5 million dollars to live the American Dream for a lifetime. Needless to say, the vast majority of the population will never come close to making that sort of money. But most Americans continue to strive to live a middle class lifestyle, and as a result most people are teetering on the brink of financial disaster in this day and age.
According to a survey that was recently conducted by PNC Bank, 67 percent of U.S. workers are now living paycheck to paycheck…… (Continue to full article)
