The Russian invasion of Ukraine in February 2022 brought dramatic uncertainty to the world’s capital markets. As a result, commodities prices spiked suddenly, led by strong bullish trends in crude oil, gold, and wheat. Can the Russia-Ukraine war prompt a U.S. recession? Read on to learn more about the situation and what to expect for… Read more.
According to Forbes contributor David Rodeck, a recession is a “significant decline in economic activity that lasts for months or even years.” Formally, a recession is defined as being two or more quarters during which economic activity contracts. Symptoms of a recession include rising unemployment, falling personal incomes, and lagging industrial output. Although recessions are… Read more.