Crater

The Fed is tightening to 'crater' the economy, dragging us into a long recession - John Hathaway

The Fed is tightening to ‘crater’ the economy, dragging us into a long recession – John Hathaway

(Kitco News) – The Federal Reserve’s monetary tightening could lead us into a “recession that we won’t recover from for a few years,” said John Hathaway, senior portfolio manager at Sprott Asset Management. “[The Fed] doesn’t have a dial to modulate economic activity,” he explained. “They basically have an on or off switch, and the …

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Ray Dalio (above), billionaire founder of investment firm Bridgewater Associates, has warned that planned federal interest rate hikes will send stocks down 20%

Billionaire Economist Predicts Fed Interest Rate Hike to 4.5% Will Crater Stocks a FIFTH

A billionaire economist has warned that the Federal Reserve’s upcoming interest rate hikes will send the stock market down 20%. Ray Dalio, founder of investment firm Bridgewater Associates, agreed with forecasts that the central bank would hike interest rates another 75 percentage points and that the year would end with interest rates at 4, 5%. …

Billionaire Economist Predicts Fed Interest Rate Hike to 4.5% Will Crater Stocks a FIFTH Read More »

Ray Dalio (above), billionaire founder of investment firm Bridgewater Associates, has warned that planned federal interest rate hikes will send stocks down 20%

Billionaire Economist Predicts Fed Interest Rate Hike to 4.5% Will Crater Stocks a FIFTH

A billionaire economist has warned that the Federal Reserve’s upcoming interest rate hikes will send the stock market down 20%. Ray Dalio, founder of investment firm Bridgewater Associates, agreed with forecasts that the central bank would hike interest rates another 75 percentage points and that the year would end with interest rates at 4, 5%. …

Billionaire Economist Predicts Fed Interest Rate Hike to 4.5% Will Crater Stocks a FIFTH Read More »

Mars Perseverance rover collects organic-rich samples from Jezero Crater

Mars Perseverance rover collects organic-rich samples from Jezero Crater

NEWYou can now listen to Fox News articles! NASA said its Mars Perseverance rover had collected rock core samples from an area long considered by scientists to be a prime candidate for finding signs of ancient microbial life. In an update, the team said its latest findings provide more detail about the area, with the …

Mars Perseverance rover collects organic-rich samples from Jezero Crater Read More »

Mars Perseverance rover collects organic-rich samples from Jezero Crater

Mars Perseverance rover collects organic-rich samples from Jezero Crater

NEWYou can now listen to Fox News articles! NASA said its Mars Perseverance rover had collected rock core samples from an area long considered by scientists to be a prime candidate for finding signs of ancient microbial life. In an update, the team said its latest findings provide more detail about the area, with the …

Mars Perseverance rover collects organic-rich samples from Jezero Crater Read More »