getty Key takeaways An earnings recession may be imminent as consumer spending slows and high costs undercut profits on Wall Street As inflation and layoffs continue, talk of an earnings recession has...
Tag: recession fears
How Does A Recession Affect The Average Person?
Getty Images Key takeaways We haven’t officially entered a recession in 2023 – but experts predict a 70% chance of one hitting before years’ end During a recession, the average person (i.e., you) is a...
World Bank Warns Of Global Recession Risk
Getty Images Key takeaways The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7% A significantly downgraded U.S. outlook hit particularly...
Recession Fears 2023: What Lies Ahead?
Getty Images Key takeaways A 2023 recession may be on the way, with economists predicting a 70% chance of economic downturn this year However, economists haven’t agreed on when it will begin or how lo...
Are We (Unofficially) In A Recession Now?
| Getty Images Key Takeaways Gross Domestic Product turned negative in the first half of 2022, but rebounded back to positive growth in the third quarter. The unemployment rate remains low, even as ma...
How To Survive A Recession (Without Burning Through Savings And Selling Off Investments)
| Getty Images Key Takeaways We aren’t officially in a recession yet, but we’re likely heading towards one, many economists are predicting a 2023 recession. With a little preparation, you can be finan...
If There Is A 2023 Recession Coming, Where Should I Invest?
Is there a 2023 recession on the way? Getty Images Key Takeaways A recession doesn’t impact every sector or company equally, and some industries won’t see wild swings in demand, even in a recession. M...
When Is The Fed Raising Interest Rates?
The Fed & Inflation. Getty Images Key takeaways Federal Reserve Chair Jerome Powell has made it clear that the central bank will continue to raise interest rates until inflation is tamed. Economis...
Oil Prices Hit Seven-Month Low As Recession Fears Weigh On Demand
Topline Oil prices dropped more than 5% on Wednesday, falling to just over $80 per barrel and hitting their lowest point since January as rising fears that a global economic downturn will hurt demand ...
Dow Falls Over 200 Points As Stocks Kick Off September With More Losses
Topline Stocks moved lower on Thursday—adding to recent declines in August—as investors continue to worry about a period of prolonged rate hikes from the Federal Reserve, while market experts warn of ...
Dow Falls 200 Points—Market Selloff Continues As Investors Worry About Higher Interest Rates
Topline The stock market moved lower once again on Monday—following a sharp selloff on Friday—as investors continue to worry about ongoing interest rate hikes and tighter monetary policy from the Fede...
Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data
Topline The stock market rallied on Wednesday, reversing losses from earlier this week thanks to stronger-than-expected economic data which helped offset lingering recession fears, even as Federal Res...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
Topline The stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding to already widespread recession fears as investors believe t...
Dow Drops Nearly 200 Points As Investors Brace For Shaky Earnings Season, Looming Inflation Report
Topline Stocks fell on Monday as markets brace for the start of earnings season–with several major companies reporting quarterly results this week, as investors also remain nervous about the upc...
Stocks Fall After U.S. Economy Adds Back 372,000 Jobs In June
Topline The stock market opened slightly lower on Friday despite solid gains earlier this week, as investors assessed a stronger-than-expected jobs report amid ongoing fears that the Federal Reserve’s...
Dow Jumps 200 Points As Stocks Aim For Rare Winning Week
Topline The stock market moved higher on Thursday, looking to build on recent gains a day after the Federal Reserve reaffirmed its commitment to bringing down inflation with more big rate hikes and ti...
Federal Reserve Prepares More Big Rate Hikes Amid Risk That High Inflation Could ‘Become Entrenched’
Topline Federal Reserve officials reaffirmed their commitment to fighting inflation with big rate hikes and pledged to use “more restrictive policy” as needed, especially amid “significant risk” that ...
Oil Selloff Continues Amid Recession ‘Panic,’ But Analysts Predict Prices Will Rebound Later In 2022
Topline Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting d...
Dow Falls 700 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’
Topline The stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears of a looming recession, while shares of Tesla slumped after the ele...
Dow Plunges 700 Points As Fed Rally Evaporates Amid Fears That A Recession Is ‘Inevitable’
Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points...
Dow Jumps 500 Points, Market Rebounds As Strong Earnings Alleviate ‘Dire Recession Headlines’
Topline The stock market rebounded for a second day in a row on Thursday, on track to snap a seven-week losing streak, as recession fears cooled amid a slew of strong quarterly earnings reports that b...