It is not remarkable that contrarian investor Steve Eisman sees a looming global recession. It's not even remarkable that he doubts the central banks are going to be impotent in the face of it. What is remarkable is his belief that the recession will be withal relatively mild....See more

While forecasters are painting the worst of job losses for the #UK in the event of a "No Deal" #Brexit, it is worth noting the #EU also stands to lose some half million jobs from Brexit, with nearly 300,000 jobs vanishing in Germany alone (and Germany is already in recession--massive job loss on top of that will not be kind to the economy at all, and could push the country into depression). https://www.statista.com/chart/18962/total-job-losses-forecast-in-eu-member-states-in-the-case-of-a-hard-brexit/ #analysis #economy

While the nation's #economy appears in rude health for today, by far the most worrisome trend is the decline of of new business formation. New businesses are small businesses, those "mom and pop" firms that are what may colloquially be called "Main Street", as opposed to the...See more