Providing small businesses a new lease on life since 1994
Low, practically zero, interest rates have been a boon for growth, mainly due to cheap money enabling massive, once unthinkable debt levels across both the public and private sector. But that cheap money may be coming to an end sooner than many have predicted.
Corporate debt now…
According to Bloomberg the likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
Growth in the world’s biggest economy will average 2.3% this year, down from 2.5% seen in a July…
One Point Two Percent.
The economic numbers for the first half of 2016 are in, and they are not good. Sounding very similar as to the past nine years, the U.S. economy grew ‘less than forecast’ to an abysmal 1.2%. Just for comparison, a steady…
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