Goldman Sachs studied a century of history to nail down the 5 biggest triggers of recessions — and concluded that 2 pose risks we've never seen before
There's some good news amid the gloom. Since World War II, the length of time the economy has spent in a recession has been shrinking, Goldman Sachs data shows.
In addition, the manufacturing sector now contributes far less to economic growth than services, which adds about two-thirds. But since then, price fluctuations have been having a diminishing impact on how the economy fares. The shale boom of the 2010s was partly responsible for this cushioning, as investment in the infrastructure used to extract and refine oil offset the hit to consumption that came about because of higher prices.
Despite the clean-up efforts of banks and regulators after the recession, financial risk remains "an important threat in principle," according to Hatzius.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Next stock market crash: The exact scenario that could spur a meltdown - Business InsiderJim Paulsen, chief investment strategist at Leuthold Group, says the decade-plus bull market will end in a 'similar way' to those of the past.
Lire la suite »
EasyJet passenger dies after falling ill on New Year's Day flight - Business InsiderLocal police in Newcastle upon Tyne, UK, said the man died shortly after landing. His death is not being considered as suspicious.
Lire la suite »
The story of how Cartier's iconic New York store was paid for in pearls - Business InsiderIn 1916, Pierre Cartier put what he believed to be the most expensive necklace in the world in his New York showroom. It caught Maisie Plant's eye.
Lire la suite »
We’re Convinced That Justin Bieber’s New Neck Tattoo Contains a Clue About His Next AlbumDoes JustinBieber’s new neck tattoo contain a clue about his next album? Fans think so.
Lire la suite »
New Options Close the Financing Gap For Women Entrepreneurs In The Next DecadeVenture capital gets most of the media’s attention, but the truth is less than 1% of women entrepreneurs will raise it. In this second of two articles, we look at how tech-enabled financing options will make it easier for the 99% of other entrepreneurs to raise financing.
Lire la suite »
The Drive-Thru: Happy New Year, Beyond Meat, Rodan + Fields - Business InsiderThe Drive-Thru: Happy New Year, Beyond Meat's fast-food takeover, and layoffs at a hot skincare company
Lire la suite »