After this week’s meeting of the Federal Reserve Board, Chairman Jerome Powell should take a hard look at what’s unfolding in the economy, as well as his own assumptions about monetary policy. This se...
Tag: Recession
The 2023 Recession Has Already Made This 8.4% Dividend Cheap
Side view on a financial spreadsheet with the word recession in red and lens flare overlay getty It’s nearly 2023, and we’re on the precipice of something that’s never happened in our lifetimes: a rec...
Another jumbo Fed rate hike is expected next week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting next week. A hike of three-quarters of a perce...
Dow Rallies 800 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Dow Rallies 700 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Why to prepare your finances for recession despite strong GDP report
Dimitri Otis | Stone | Getty Images The U.S. economy grew in the third quarter, reversing a negative trend from the first half of the year — but weakness looms under the surface and households shouldn...
Fed Seen Aggressively Hiking to 5%, Triggering Global Recession
(Bloomberg) — Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lea...
Walmart Continues Its Rapid Expansion In Healthcare, Announcing 16 New Facilities
Retail giant and household staple Walmart has proven time and again to be a relentless source of value. Having become one of the most well-known national brands over the last few decades, it has staye...
Volatile net trade propels US Q3 Real GDP to 2.6%; Recession threat looms large
In its advance GDP estimate released earlier today, the US Bureau of Economic Analysis announced that the real GDP for Q3 grew at 2.6% adjusted for inflation, on an annualized basis. This was a dramat...
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion – Economics Bitcoin News
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be lo...
US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession – Economics Bitcoin News
JPMorgan Chase CEO Jamie Dimon says the tensions between the U.S. and China and the Russia-Ukraine war are “far more concerning than whether there’s a mild or slightly severe recession.” He stressed: ...
Microsoft And Alphabet’s $250 Billion Stock Plunge Fuels Fears Of Earnings Recession
Topline Shares of Microsoft and Alphabet extended losses Wednesday morning after the technology giants slashed earnings forecasts for the rest of this year as a result of the increasingly murky econom...
This Isn’t the Bottom and Recession Isn’t Priced In, Goldman Says
Markets haven’t priced in a recession, according to analysts at Goldman Sachs Equities and credit markets are pricing in a lower risk of recession than rates and currency traders, though no asset clas...
Goldman Sachs, JPMorgan CEOs tip U.S. economy for recession
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expe...
India’s Digital Health Ecosystem Is An Unparalleled Opportunity
The Indian healthcare system is a remarkable phenomenon in many ways. Boasting one of the largest social health programs in the world, in addition to incredible research and development facilities, th...
Personal savings have plunged — how to boost your savings in case of a recession
As red flags go, this is a big one. The personal savings of Americans have plunged this year, hitting $629 billion in the second quarter of 2022, according to data from the Federal Reserve Bank of St....
Bank of Canada to keep hiking rate despite recession risks
One of the central banks reporting their monetary policy decisions this week is the Bank of Canada. On Wednesday, the central bank is widely expected to increase the interest rate by another 75bp to 4...
Cybersecurity Must Become A Top Priority In Healthcare
As if physician attrition, nursing shortages, and a global sense of burnout isn’t enough to crumble an already exhausted healthcare industry, cybersecurity breaches have become an inescapable plague o...
Dow Jumps 400 Points As Recession Certainty Grows Murkier
Topline Major stock indexes gained Monday as the market looks to build on a surprisingly strong week, though several notable companies, including Tesla and several New York-listed Chinese firms mounte...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...
Mortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect growth to be flat this year, one expert says. “Our forecast is for home-price growth moderation to continu...
Economists Warn U.S. Already In Recession Or Could Be Soon—The Latest In A Series Of Dismal Forecasts
Topline The United States is already in a recession or could tip into one soon, economists surveyed by the National Association for Business Economics (NABE) warned on Monday, the latest in a series o...
JPMorgan president Daniel Pinto says a recession is likely and markets may fall further as the Fed raises rates
Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2...
Britain heading for ‘deep’ recession as downturn worsens
UK economy recession PMI pound sterling downturn inflation politics Truss Sunak – REUTERS/Peter Nicholls Britain is heading for a “deep” recession after new figures showed the economic downturn ...
Google’s New Medical Imaging Suite Will Enable A Bright Future Ahead For Healthcare
Earlier this month, Google Cloud announced its latest venture within the realm of healthcare: a new Medical Imaging Suite. This initiative builds on years of hard work by the Google Cloud team, aimed ...
Goldman Sachs CEO Sees a Good Chance of Recession
He Advises Investors to Be Cautious Investors should Prepare for More Difficult Environment Goldman Sachs profits fell by 43% David Solomon, chief executive officer of Goldman Sachs, predicts a recess...
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, respectively ...