Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Tag: Recession
The Economy Is Sick
Stocking up when you can. (Photo by Justin Sullivan/Getty Images) Getty Images Despite official reassurances that the economy is doing well, still upbeat hiring statistics, and a modest rise in third ...
Biggest Stock Market Rally In Years Looks ‘Overdone’ Since Fed Has Yet To Beat Inflation
Topline Investors plowed into the stock market this week after a monthly inflation report ended a streak of worse-than-expected data this year, fueling the biggest rally in years on hopes the Federal ...
‘S&P 500 in a recession is fairly valued at 2,800 to 3,200’
S&P 500 is breathing a much-awaited sigh of relief after the monthly inflation data came in better than expected (read more). But there’s hardly a reason to believe that it’s not just another one ...
UK on the brink of recession after economy contracts by 0.2% in the third quarter
The Bank of England has warned that the U.K. is facing its longest recession since records began a century ago. Huw Fairclough | Getty Images News | Getty Images LONDON — The U.K. economy contracted b...
The Bank of England just warned that the UK faces its longest recession in 100 years — is the US next? Here are 3 reasons why a 2023 downturn would be like no other
The Bank of England just warned that the UK faces its longest recession in 100 years — is the US next? Here are 3 reasons why a 2023 downturn would be like no other The U.K. can’t seem to catch a brea...
The Best Bonds To Buy For A 2023 Recession
Bonds the word on wooden cubes, cubes stand on a reflective surface, in the background is a business … [+] diagram. Business and finance concept getty One week ago, money-printer-turned-inflatio...
How Do Investors Prepare For A Recession?
| Getty Images Key Takeaways Getting your financial house in order is critical to surviving a recession and even the current level of volatility in the market. Investors need to understand a recession...
Carvana Stock Drops Amid Used Car Price Declines
Getty Images Key takeaways Used car marketplace Carvana saw its stock plunge 48% in two days after abysmal third quarter earnings Carvana stock is down almost 97% year-to-date (YTD) as an overheated a...
Disney lays out key ‘levers’ to combat recession impact as theme parks weaken
Disney (DIS) laid out key levers it can pull to help battle a potential recession — as the media giant’s theme parks business showed signs of weakness in the fourth quarter. On the earnings call...
One restaurant stock that ‘stands out’ despite fears of recession
Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has recovered about 20% since late September but a Deutsche Bank analyst is convinced there’s more to come in the months ahead. Dave & Buster s...
S&P 500 earnings estimates for 2023 take ‘complete U-turn’ as recession risks loom, according to BofA
The S&P 500 risks another leg down after a “complete U-turn” in 2023 earnings-per-share estimates for the U.S. stock-market index, according to a BofA Global Research note. “Forward estimates have...
As Economies struggle, Can Bitcoin Triumph in a Global Recession?
The US is struggling to admit that the economy is in recession. That’s despite a recent warning by the World Bank that the US, China, Eurozone, and other major economies are sharply slowing into reces...
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong – Economics Bitcoin News
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said the...
Advertisers Flee As Twitter Lays Off Nearly Half Of Its Workforce
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images. SOPA Images/LightRocket via Getty Images The news that a reported 3,700 TwitterTWTR employees were let go via email, was...
U.S. Unemployment Is No Longer Improving, Here’s Why That Matters
Today saw another reasonable jobs report, but unemployment could be edging up (Photo by Justin … [+] Sullivan/Getty Images) Getty Images Most definitions of U.S. unemployment moved up in October...
How Brands Can Turn a Recession Into Marketing Gold
How Brands Can Turn a Recession Into Marketing Gold getty Cutting back marketing and related technology budgets was a leading cause of handwringing among recession-spooked execs at a recent fashion in...
Jamie Dimon Warns BTC Could Fall Further if Recession Hits
Could bitcoin, Ethereum, and other digital assets experience further dips in their prices? According to Jamie Dimon, the man heading JPMorgan, the answer is a resounding “yes,” as he believes a recess...
Recession Concerns Grow As Amazon Pauses Hiring And Major Tech Companies Announce Layoffs This Week
Topline Amazon announced plans Thursday to implement a corporate hiring freeze, as the country’s second biggest company contends with rising inflation and economic uncertainty—becoming the latest comp...
The Fed just hiked interest rates by 0.75% for the 4th straight time — escalating fears of a global recession. But here’s why soon-to-be retirees shouldn’t panic
The Fed just hiked interest rates by 0.75% for the 4th straight time — escalating fears of a global recession. But here’s why soon-to-be retirees shouldn’t panic The Fed just announced its...
Are We Entering A Recession? How Investors Know When A Recession Begins
| Getty Images Key Takeaways There are five major indicators that signal a potential recession. While gross domestic product did have negative growth for two consecutive quarters, we are not officiall...
Fed approves another jumbo interest-rate hike but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in a key U.S. interest rate and signaled rates are likely to go higher than previously forecast. Yet the central bank also ...
Fed Raises Interest Rates Another 75 Basis Points—Further Pushing Borrowing Costs To Highest Level Since Great Recession
Topline The Federal Reserve on Wednesday signaled it may soon ease up on its most aggressive economic tightening campaign in three decades as it raised interest rates by another 75 basis points—furthe...
Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation – Economics Bitcoin News
A growing number of economists have warned about a severe recession in the U.S. if the Federal Reserve keeps up its fight against inflation. “Each adverse development in the outside world implies the ...
Wyndham is seeing ‘strong demand’ despite fears of a recession
Wyndham Hotels & Resorts Inc (NYSE: WH) is seeing tremendous demand from consumers despite the fears of a looming recession, says Geoffrey Ballotti – the Chief Executive of the world’s largest hot...
One Recession Indicator Isn’t Flashing Warning Signs Yet—Here’s Why That May Change
Topline As the Federal Reserve gears up for another mega-sized interest rate hike to help cool the economy, one reliable indicator from the Fed is pointing to ongoing resilience among corporate profit...
The Fed’s Repo And Reserve Payouts Have Populists In A Bind
WASHINGTON, DC – SEPTEMBER 28: Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet … [+] Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban ...
What Is A Recession?
Key Takeaways A recession is a period of a sustained downturn in economic activity. The old rule of thumb used to be two consecutive quarters of negative economic growth, but it’s now down to the Nati...
20 dividend stocks that may be safest if the Federal Reserve causes a recession
Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions. But it’s too early to get excited, because the Federal Reserve hasn’t given ...