A recession is a prolonged period of low economic activity that might last months or even years. When a country’s economy faces negative gross domestic product (GDP), growing unemployment, dropping retail sales, and contracting income and manufacturing metrics for a protracted period of time, experts call it a recession. Recessions are an inescapable element of […]
When Is A Recession Declared? Read More »
It’s critical to have emergency funds in place while you attempt to recession-proof your finances. Having an emergency fund can help you avoid a lot of worry during a recession. It can also assist you in avoiding getting financially overextended or relying on debt to get by. It is critical to save money. To begin,
How To Prepare For A Recession 2020? Read More »
According to the Swiss Re Institute, the most significant impact of climate change will be the loss of up to 18 percent of global GDP by 2050 if global temperatures rise by 3.2 degrees Celsius. Forecast based on current temperature trends and the Paris Agreement’s net-zero emissions targets not being met. If temperatures rise by
How Does Climate Change Affect GDP? Read More »
In the United States, the Great Recession was a severe financial crisis accompanied by a devastating recession. Although the recession officially ran from December 2007 to June 2009, the economy required many years to recover to pre-crisis employment and output levels. This delayed recovery was caused in part by consumers and financial institutions repaying debts
What Years Did The US Have A Recession? Read More »
Many real estate investors are concerned about the impact of rising inflation on their assets and businesses. We see consumer prices rise as inflation rises, but what impact does this have on real estate? Inflation has a number of real estate-related consequences, including higher mortgage rates, rising asset prices, depreciation of long-term debt, increased building
What Inflation Means For Real Estate? Read More »
Many cryptocurrency supporters consider it to be a digital equivalent of the US dollar, which it is in some ways. Although not every coffee shop accepts Bitcoin or Ethereum, crypto is becoming more popular as a means of payment. Several well-known merchants (and well-known e-tailers) now take bitcoin, and the number of firms taking digital
What Happens To Crypto During Inflation? Read More »
This year’s inflationary surge in America was fueled in part by anomalies and in part by demand. On the odd side, the coronavirus has led factories to close and shipping channels to get choked, limiting the supply of automobiles and couches and driving up costs. After plummeting during the epidemic, airline fares and hotel room
Why Is Inflation Rising In 2021? Read More »
Between 2018 and 2020, the dollar saw an average annual inflation rate of 1.50 percent, resulting in a cumulative price increase of -2.93 percent. According to the Bureau of Labor Statistics consumer price index, prices in 2018 are 2.93 percent lower than average prices since 2020. In 2018, the inflation rate was 2.49 percent. What
What Is The Inflation Rate In 2018? Read More »
Consumer prices rose 5.3 percent in August compared to the previous year, causing some anxiety as the economy recovers from the pandemic. Food prices at home increased by 3%, while food prices away from home (i.e. restaurants) increased by 4.7 percent, according to the Bureau of Labor Statistics’ latest release this week. Rents and energy
What Would The Minimum Wage Be With Inflation? Read More »
“While cash isn’t a growth asset, it will typically stay up with inflation in nominal terms if inflation is accompanied by rising short-term interest rates,” she continues. CFP and founder of Dare to Dream Financial Planning Anna N’Jie-Konte agrees. With the epidemic demonstrating how volatile the economy can be, N’Jie-Konte advises maintaining some money in
What Are Good Investments When Inflation Rises? Read More »
