Posts Tagged ‘Recession’

HNewsWire: According to a market mood expert, the US economy is now on the brink of getting into recession. A substantial amount of malinvested wealth will be wiped away, and sections of the economy formerly impervious to crises may not be so this time around, he said. Research shows that the economy is subject to “confidence cycles,” and when consumer mood moves toward the belief that a recession is on the way, the market will actually experience one. “I believe the mood has been baked to the point that people are now behaving on the presumption that a recession is imminent. Remember, Peter Atwater, a former hedge investor who is now a professor at the College of William & Mary in Virginia, argued that action is what truly causes a recession to arise. The Federal Reserve’s ultra-low borrowing rates have allowed…