Economics ❯ Recession

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Bloomberg’s Mike McGlone Warns Bitcoin Slide Could Signal Recession Risk, Flags Tail Case to $10,000

He argues that stretched equity valuations with unusually low volatility signal that crypto losses reflect rising systemic risk.

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Moody’s Says About 22 States Are in or Near Recession as Local Slumps Spread

Major U.S. Banks Pass Fed Stress Test, Clearing Way for Buybacks and Dividends