Global CEOs see a ‘Mild and Short’ Recession

Global CEOs see a ‘Mild and Short’ Recession

More than 86 percent of global CEOs anticipate a recession to hit over the next 12 months with 58 percent expecting it to be mild and short, according to KPMG’s recent CEO Outlook report. The flagship report, which is in its eighth staging, asked more than 1,300 CEOs at some of the world’s largest businesses […]

Out With Predatory Capitalism, in With a Life Economy

Out With Predatory Capitalism, in With a Life Economy

By John Perkins, Open Democracy The long march of hierarchical and colonial history has led us to this moment of awareness. We are learning that the melting glaciers, coronavirus pandemic, species extinctions, racial and income inequality, political turmoil, and other heart-wrenching events are symptoms of a global social-governmental-economic system that is consuming itself into extinction. […]

Mortgage Delinquencies Expected to Remain Above Pre-pandemic Levels Until 2022

Mortgage Delinquencies Expected to Remain Above Pre-pandemic Levels Until 2022

By Alex Roha, Housing Wire Following previous natural disaster recovery patterns, mortgage delinquencies are not expected to return to pre-pandemic levels until March 2022, according to a report from Black Knight. If trends persist, the data service provider estimates once the first wave of forbearances hit their 12-month expiration in March 2021, there may be more than 1 […]