“The National Health Service has long been a model for fans of socialized medicine worldwide,” Sally … [+] Pipes writes. “But it’s falling apart.” getty Great Brita...
Tag: Recession
‘Real Danger’ Of Global Recession Intensifies As Rate Hikes Threaten $4 Trillion In Economic Losses, World Bank Warns
Topline Ahead of a meeting between global finance heads, leaders of the World Bank and International Monetary Fund warned of a growing risk of an economic slowdown next year as central banks around th...
Paul Tudor Jones believes we are in or near a recession and history shows stocks have more to fall
Billionaire hedge fund manager Paul Tudor Jones believes the U.S. economy is either near or already in the middle of a recession as the Federal Reserve rushed to tamp down soaring inflation with aggre...
Stocks Lower, Week Ahead, Tesla, Ford, Twitter-5 Things To Know
Here are five things you must know for Monday, October 10: 1. — Stock Futures Mixed As October Rally Faces Inflation Test U.S. equity futures edged lower Monday, while the dollar consolidated g...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
U.S. ‘would be lucky’ to get a mild recession, Ken Rogoff warns
Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much ...
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...
9 Top Utilities Stocks, A Great Place To Invest During A Recession
| Getty Images Key takeaways Utilities are needed for everyday life, so even during a down market they are still a good investment – see the list of securities below. To offset the lack of long-...
Chipmakers See ‘Breathtaking’ Drop in Demand as Recession Looms
(Bloomberg) — Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Most Read from Bloomberg After years of record capital spending, chipmakers are warning on ...
The biggest threat today is recession, not inflation
The U.S. Federal Reserve has been raising rates too quickly, and recession risks will be “extremely” high if it continues to do so, said Jeremy Siegel, professor emeritus of finance at the...
Increase in rates will only trigger a global recession
Monetary tightening will only hurt developing countries It might not cool inflation either Servicing costs on debt across various countries have risen well above 20% On Monday, a report issued by the ...
What Is A Growth Recession Exactly?
| Getty Images Key Takeaways A growth recession involves a period of slow economic growth along with rising unemployment rates, but without a full contraction in the economy. The Fed Chair Jerome Powe...
Recession? Apparently Not. Downturns are Psychological, Not Economic
Recession? There isn’t evidence that we are in a recession, or even close, says Laurence Kotlikoff. Kotlikoff is a Professor of Economics at Boston University. He said recently that during adverse eco...
The stock market is wrong: the economy isn’t going to ‘blow a gasket’ just yet, warns economist
While this year’s sharp selloff in stocks might feel brutal, particularly after the carnage of September, the S&P 500 remains about 17.1% above year-end 2019 levels, according to Dow Jones Market ...
What Micron’s Billions Toward Semiconductors Means For Inflation, Job Opportunities, The Stock Market And More
LightRocket via Getty Images Key takeaways On Tuesday, Micron Technology announced plans to invest up to $100 billion into a new “mega-fab” plant in New York The semiconductor manufacturer and state o...
US Stocks Have Just Started Pricing In Recession, Citi Quants Say
(Bloomberg) — US stocks may resume their slump as they have only just begun to price in a recession, according to Citigroup Inc.’s quant strategists. The market has turned “decidedly defensive a...
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes – UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report. The Trade and Developm...
New Jobs Data Friday- How Is Employment Tied To A Recession (Does This Officially Tip Us In)?
| Getty Images Key takeaways The U.S. unemployment rate went up in August for the first time since April 2020. The jump wasn’t nearly as large, though; the reasons for the jump are positive economic i...
Biden to Speed up Crypto Regulation as UN Warns of Induced Recession
The Biden administration has urged Congress to accelerate the rollout of a regulatory framework for crypto and digital assets as a United Nations report warns of a Fed-induced global recession. The pr...
‘Worse damage than the financial crisis in 2008.’ Wealthy countries could trigger a global recession, UN says
Governments around the world are determined to bring down inflation whatever the cost, but a growing chorus of voices is pointing out that aggressive monetary policies could have some serious and long...
United Nations Warns Fed Over Recession
Amid fears of an incoming financial recession, a section of analysts predict a key turnaround in the crypto market. Currently the cryptocurrency market is largely correlated with the stock market but ...
Fed’s Williams sees steep decline in inflation ahead
Cooling global demand and steady improvements in supply should result in falling rates of inflation for goods over the next year, New York Fed President John Williams said Monday. “These factors shoul...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
Fed Will Trigger a Global Recession if Rate Hikes Continue: United Nations
The United Nations Conference on Trade and Development (UNCTAD) released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy in danger. It claimed th...
This stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words about financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things t...
No, Credit Suisse Won’t See A ‘Lehman-Style Explosion’—Here’s Why
Credit Suisse shares have plunged as credit risk continues to rise. Fabrice Coffrini/AFP via Getty Images Concerns about the financial health of Swiss banking giant Credit Suisse over the weekend have...
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
The Federal Reserve and other central banks risk pushing the global economy into recession followed by prolonged stagnation if they keep raising interest rates, a United Nations agency said Monday. Th...
What Does A Recession Mean For Me? And What Are The Best Places To Invest Money Right Now?
| Getty Images Key Takeaways The possibility of a recession seems to be hanging over our economy like a dark cloud. Although most stocks are more volatile during a recession, some industries tend to p...
Citi just lowered its S&P 500 price target. Here’s how likely it finds a severe recession, and what it expects from corporate earnings
Another day, another price target reduction. Strategists at Citi have reduced their year-end S&P 500 target to 4,000 from 4,200, and produced a 2023 target of 3,900. Put another way, they expect a...
European Stock Futures Drop on Energy Crisis, Recession Woes
(Bloomberg) — European stock futures fell as the region’s energy crisis continued to escalate and investors fretted over the hawkish central banks’ impact on the economy while monitoring news ab...
Retail Recession – Biden Vs Trump: Self-Induced Or Fueled By The Feds?
Businessman grabs the head concept with business chart on scoreboard getty The economy tightens, election day approaches – and retail pundits wonder if trade policies developed by the Team-Biden...
Opinion: Technology stocks are booming, and these four companies have staying power for years to come
Shares of technology companies from chip makers to FAANGs slumped for a third quarter at the end of September, as softer revenue, profit warnings and fading CEO confidence added to the doom. The backd...