JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those owners will be able to refinance and put more equity in, if there is not a recession, Dimon told CNBC...
The good news: Economists are less confident the U.S. will see a recession. The less good news: They also expect the economy to grow at a much slower rate this year, The Wall Street Journal (WSJ) reported Sunday (Jan. 14). Economists surveyed by WSJ reduced the probability...
As 2024 approaches, analysts are reportedly reassessing their predictions for a U.S. recession that had been anticipated for the past two years. While investment bank analysts remain optimistic about growth prospects, money managers are adopting a more cautious approach, Reuters reported Wednesday (Dec. 20). Sell-side analysts, known...
Bank of America CEO Brian Moynihan said Tuesday (Dec. 5) that there are signs of the economy slowing down but expressed optimism that it will experience a soft landing rather than a recession. Money is coming out of customer accounts and consumer spending has “leveled out,” which he...
August 23, 2023
Across the United States, ongoing fears that the economy may still be running too hot remain elevated, with most Main Street small- to medium-sized businesses (SMBs) fearing the worst. The “Main Street Health Q1 2023: Using Finance to Ease Recession Fears” report by PYMNTS sheds light on how these small business owners are adjusting their economic […]
May 04, 2023
Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion mark in 2022 as investors...
May 02, 2023
Subscriptions considered discretionary were among the first to go when consumers began slashing their budgets and their providers have generally struggled since. Although there have been some exceptions to this...
April 06, 2023
CFOs have always had to deal with market risk, no matter the macroclimate. But what is new for finance leaders, in light of the recent banking failures, is that they...
April 23, 2024
JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon said employment is strong, consumer finances are healthy, and consumers would still be in good shape even if the economy were to go into a recession, Reuters reported Tuesday. At the same […]
February 26, 2024
JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those owners will be able to...
January 14, 2024
The good news: Economists are less confident the U.S. will see a recession. The less good news: They also expect the economy to grow at a much slower rate this year, The...
December 20, 2023
As 2024 approaches, analysts are reportedly reassessing their predictions for a U.S. recession that had been anticipated for the past two years. While investment bank analysts remain optimistic about growth...
