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Some economic indicators point toward a recession, Colorado financial adviser analyzes
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Approved, DENVER7, State

Some economic indicators point toward a recession, Colorado financial adviser analyzes

By Rachel Wingrat | Denver7 There's been a lot of uncertainty recently about whether or not the United States will soon enter a recession. But some indicators suggest that's the direction we're headed, according to Colorado financial adviser Bruce Allen. Allen said there are four reasons economists think a recession could be coming: consumer confidence is declining, stocks are falling, markets are becoming more volatile and short-term interest rates are higher than long-term interest rates. Allen said, that last one has come before every recession since 1960. READ THE FULL STORY AT DENVER7
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‘Sleeping giant’: US could be inches away from another economic crisis As massive port strike looms
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Approved, National, The Daily Caller

‘Sleeping giant’: US could be inches away from another economic crisis As massive port strike looms

By Owen Klinsky | Daily Caller Ten of thousands of dockworkers could go on strike on Oct. 1 in a move that experts say could wreak havoc on American supply chains and reignite the rapid inflation seen in the early years of the Biden-Harris administration. The International Longshoremen’s Association (ILA) — which represents more than 85,000 workers at three dozen U.S. ports along the East Coast and Gulf of Mexico and whose members collectively handle about half of the U.S.’ maritime imports — has threatened to go on strike for the first time since 1977 if their wage and automation protection demands are not met by the United States Maritime Alliance (USMX) — the coalition representing shipping employers. The move could cost the U.S. economy roughly $5 billion a day in trade, and woul...
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