Tag: Recession
-
How do Banks Make THEIR Money?
Banks generate revenue through a variety of sources, but the majority of their income typically comes from interest on loans and fees charged for services. Here is a breakdown of how banks make the majority of their income: Interest on loans is the largest source of income for banks, accounting for around 60-70% of their…
-
New Report by Morgan Stanley: 20% Crash Incoming
Morgan Stanley chief US equity strategist Michael Wilson has forecasted that investors may suffer more in 2023 with a looming recession leading to the S&P 500 falling as low as 3,000 points, which is more than 20% from its current trading level of around 3,900 points. The main reason for the bearish forecast is that…
-
Role of the US Department of the Treasury in Responding to Recessions
The United States Department of the Treasury plays a vital role in managing the country’s financial system and economy. Through its various activities, including managing the federal government’s finances, issuing currency, regulating financial institutions, and providing financial assistance, the Treasury works to stabilize the economy and promote growth. Individuals and businesses may benefit financially from…
-
How Would a Recession in 2023 Affect the Average Investor
It’s difficult to predict exactly how a recession in 2023 would affect the average investor, as recessions can have a wide range of impacts on the financial markets and the economy. However, in general, recessions are characterized by a significant decline in economic activity, which can lead to reduced profits for companies, lower stock prices,…
-
How to Market Your Business During Recession
According to marketing consultant Bob Bly, in order for a business to do well in a time of financial crisis, it must know well and apply Recession Marketing. If you are interested not only in surviving, but also in growing during an economic downturn you can do the following: Help your existing customers help you to generate new…