Before the 2008 crash, issuers paid agencies to rate their securities.
Those judgments helped risky mortgage investments gain acceptance.
The costs reached households far beyond Wall Street.

Before the 2008 crash, issuers paid agencies to rate their securities.
Those judgments helped risky mortgage investments gain acceptance.
The costs reached households far beyond Wall Street.
Canada's Housing Market Correction Avoided Recession, BMO Analyst Explains
π€ IA: It's not clickbait β
π₯ Users: It's not clickbait β
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Prepare before fear makes the decisions.
#recession #economy #inflation #costofliving #zeeglobalvision
Over 50% of #Fortune500 companies were founded during a #recession, bear market, or #economic downturn. | #startups
Oh Look. The Market's crashing. Again.
US Recession risk from AI crash
www.businessinsider.com/ai-stock-cra...
#ai #investment #fail #LeadIn #usa #recession #llm #faulty #model #hyperscale #overcapacity #poor #managment #infosec #hacker #hacked #risk
World shares hit two-week highs with the S&P 500 opening at a record while easing oil and bond yields brought relief to strained markets.
It's a #Recession when you get laid off, but it's a #Depression when I get laid off. Every day there are more eyes opening to #MAGA #LIES You can't find more dangerous people than those who were once true believers, but due to death, misfortune, or insolvency, now recognize that they were fooled.
Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates since the early 1990s. Now in the current rate-hiking cycle, RBA governor Michele Bullock concedes the risk of recession remains a possibility.Β #economy #recession
I think I now understand the AI Economy and why Congress is doing nothing.
Q2 GDP grew 2.2%. A decade ago, that was considered a recovery. Today, it's just the minimum to avoid crisis. #economy #GDP #recession
The bumpy road for stocks and the economy isnβt expected to last:
exactmacro.substack.com/p/stock-and-...
#stockmarket #economicgrowth #outlook #recession #S&P500 #earnings #stockprices #forecast #monetarypolicy #AI #investments #economy $SPY $VOO $QQQ
Labor Market Data Hits New Record: Unemployment Is Much Worse Than You Think:
247wallst.com/investing/20...
#recession
#weakjobmarket
#terriblejobmarket
#freeworkingclass
#freeunemployed
#freeamericans
#freehomeless
I personally believe that Joe Biden was not ready for the post COVID economy. The labor force shrunk hard after the COVID pandemic.
No economists were sending the alarm bells that the economy was not doing well after the pandemic.
#Tariffs will NOT bring back #manufacturing to USA. #AI and robots have REPLACED YOU.
#Getaclue!
medium.com/@author_jcaf...
#TrumpTariffs #Trump #stockmarketcrash #nasdaq #Crypto #recession #depression #MAGA #truthsocial #elon #robots #innovation #tech
#Australia #budget #budget cuts #conflict #critics #economic pressure #government #Inflation #Li #Middle East #Middle East conflict #recession
π www.newsmart.ch
It's a #Recession when you get laid off, but it's a #Depression when I get laid off. Every day there are more eyes opening to #MAGA #LIES You can't find more dangerous people than those who were once true believers, but due to death, misfortune, or insolvency, now recognize that they were fooled.
Hiring downshifted to 29,000 jobs in September, but near-record low layoffs and resilient spending are keeping growth steady.
Our recession model eased to 10.0% from 11.1% as downturn risks stay contained.
Full Weekly Breakdown: repricedrisk.substack.com