More worrying stories have been flagged in recent news stories prompting fears of a looming recession.

Earlier today, the FT reported, that the Federal Reserve Bank of New York injected $66bn into short-term lending markets on Monday, building on a series of operations from last week to support the market after a severe bout of turmoil. The cost of overnight cash borrowing in exchange for US Treasuries — known as a repurchase agreement, or repo — soared early last week, pushing the main interest rate targeted by the Federal Reserve out of its target range. That prompted the New York Fed to intervene in the market for the first time in a decade on Tuesday. It subsequently continued daily $75bn cash injections throughout last week. Source: FT.Com

Then we had a report in The Times of “central bank warnings” after the Bank for International Settlements warned of the “troubling” rise of negative-yielding bonds to more than $17 trillion.

This afternoon, the Evening Standard Business News reported that bank share prices have tumbled following JP Morgan’s “gloomy prediction”.

I have previously written about the inverted yield curve, which has always preceded a recession.

Property prices are slowing, despite low interest rates and a shortage of housing in the UK, and smart money is moving into safe havens, such as gold and silver.

Almost 3000 shops closed in the first half of 2019 and large companies, like Thomas Cook, are going bust putting thousands out of work on a regular basis.

I don’t want to be a doom monger, but I think we are due for a recession.

Word of the Day

Recession

In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.

Officially, a country is in recession after a period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

See more at www.moneytipsdaily.com:

Should you be buying Gold?

Thomas Cook goes bust leaving thousands stranded

How to earn up to 500% higher yields on your investments without high risks

3 Myths of Property Investment

More worrying stories have been flagged in recent news stories prompting fears of a looming recession.
Earlier today, the FT reported, that the Federal Reserve Bank of New York injected $66bn into short-term lending markets on Monday, building on a series of operations from last week to support the market after a severe bout of turmoil. The cost of overnight cash borrowing in exchange for US Treasuries &mdash; known as a repurchase agreement, or repo &mdash; soared early last week, pushing the main interest rate targeted by the Federal Reserve out of its target range. That prompted the New York Fed to intervene in the market for the first time in a decade on Tuesday. It subsequently continued daily $75bn cash injections throughout last week. Source: FT.Com
Then we had a report in The Times of &ldquo;central bank warnings&rdquo; after the Bank for International Settlements warned of the &ldquo;troubling&rdquo; rise of negative-yielding bonds to more than $17 trillion.
This afternoon, the Evening Standard Business News reported that bank share prices have tumbled following JP Morgan&rsquo;s &ldquo;gloomy prediction&rdquo;.
I have previously written about the <a href="https://podcasts.apple.com/gb/podcast/should-you-be-worried-about-the-inverted-yield-curve/id1442532994?i=1000449439860">inverted yield curve</a>, which has always preceded a recession.
Property prices are slowing, despite low interest rates and a shortage of housing in the UK, and smart money is moving into safe havens, such as <a href="http://www.moneytipsdaily.com/should-you-be-buying-gold/">gold</a> and silver.
Almost 3000 shops closed in the first half of 2019 and large companies, like <a href="http://www.moneytipsdaily.com/thomas-cook-goes-bust-leaving-thousands-stranded/">Thomas Cook</a>, are going bust putting thousands out of work on a regular basis.
I don&rsquo;t want to be a doom monger, but I think we are due for a recession.
Word of the Day
Recession
In economics, a&nbsp;recession&nbsp;is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.
Officially, a country is in recession after a period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a&nbsp;recession&nbsp;generally does not last longer than one year and is much milder than a depression.
There are more examples and practical steps to getting rich and being happy in my book, <a href="http://bit.ly/2MoneyBook">Yes, money can buy happiness</a>, I cover the 3 R&rsquo;s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon <a href="http://bit.ly/2MoneyBook">http://bit.ly/2MoneyBook</a>.
See more at <a href="http://www.moneytipsdaily.com">www.moneytipsdaily.com</a>:
<a href="http://www.moneytipsdaily.com/should-you-be-buying-gold/">Should you be buying Gold?</a>
<a href="http://www.moneytipsdaily.com/thomas-cook-goes-bust-leaving-thousands-stranded/">Thomas Cook goes bust leaving thousands stranded</a>
<a href="http://www.moneytipsdaily.com/how-to-earn-higher-yields-on-your-investments/">How to earn up to 500% higher yields on your investments without high risks</a>
<a href="http://www.moneytipsdaily.com/3-myths-of-property-investment/">3 Myths of Property Investment</a>

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.&nbsp; Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.&nbsp; Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. &nbsp; For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips Podcast

Welcome to Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. 

Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. 

Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.  

For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

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