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Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
According to the Apollo chief economist ... high debt loads, both among US consumers and the corporate world. Eventually, those trends will start to falter, triggering a hard landing in 2025. Read More
What is the debt ceiling? Here's why Trump wants Congress to abolish it before he takes office
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling. Read More
The US economy is headed for a hard landing this year, and deep rate cuts are the only solution, Citi chief economist says
A deteriorating labor market will be what causes the US economy to quickly turn sour, according to Andrew Hollenhorst, Citigroup's chief US economist ... more like a hard landing." ... Read More
'YOLO spenders' have created a 'super-duper' credit bubble in the US economy, top economist David Rosenberg says
Today's consumers — or rather, "YOLO spenders" — have taken on a massive amount of debt, top economist David Rosenberg said. And it's created a big bubble in a pocket of the US economy. Read More
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