Eerily red stock market board with plunging error, indicating potential global recession

‘Act now or risk another deep downturn,’ OECD warns policymakers

Global policymakers have been warned by the Organisation for Economic Co-operation and Development (OECD) to “act now” to prevent “persistent and sluggish growth” and another economic downturn as it downgraded its global growth forecasts. In the OECD’s latest economic outlook published on Wednesday, the organization said that global growth had “languished over the past eight…

Investors betting big on gold

Is It Too Late to Buy Gold? 5 Reasons It’s Not

When gold plummeted to a six-year low in November 2015, many claimed it’s too late to buy gold. China’s stock market had just slumped, the dollar was gaining strength, and holders of gold were nervous, waiting for the Federal Reserve to raise interest rates. At the end of 2015, the economic situation didn’t look rosy…