Euronext NV is keeping flat on Thursday even after the European Central Bank lifted its key interest rates by 75 basis points. Further rate hikes are expected Last week, consumer prices were reported ...
Tag: Recession
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 ...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Will Europe’s ‘Third World’ Economic Crisis Lead To Global Recession?
Netherlands leadership says Europeans need to get used to being poorer. Bad policy decisions leading … [+] to one crisis after the next as layoffs begin in one of the most important economic reg...
Emily Roland is bullish on ‘Google’ in the face of a recession
Emily Roland (John Hancock Investment Management) is bullish on Alphabet Inc (NASDAQ: GOOGL) even though she sees a “recession” by the end of 2022. Roland’s bull case for the Google stock It’s an inte...
BIG EYES GROWS EXPONENTIALLY DESPITE THE CURRENT MARKET RECESSION – IS IT GOING TO TAKE OVER VECHAIN & RIPPLE?
Are you a crypto enthusiast looking for a new project to get associated with? Big Eyes (BIG) might be the best one for you! It is an upcoming meme token project that will give you a better perspective...
Economists are divided on the risk of a U.S. recession
Is the U.S. economy showing no signs of a recession or hurtling inescapably towards one? Is it in fact already in one? More than a month after the country recorded two successive quarters of economic...
Celsius Lines Recession Renewal Request for a Small Number of Guests – crypto.news
Celsius has requested the release of $50 million from the total $225 million held in the Custody Program and Withhold Accounts. The Celsius Network, which is now an embattled crypto lender, solicited ...
Rising Pressure on Profits Darkens Outlook for Tech Shares
Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...
Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year – Coinotizia
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 3...
Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year – Economics Bitcoin News
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 3...
Manufactured Homes: Do They Stand To Benefit As The Housing Market Weathers A Recession?
The housing industry has officially entered a recession. To be clear, the single-family, site-built housing market has entered a recession. Niches of the industry, such as multifamily homes, appear to...
Credit Suisse, SoftBank Reportedly Planning Layoffs. Here Are The Major Job Cuts Amid Growing Recession Fears
Credit Suisse and SoftBank are reportedly cutting back on staff, the companies announced on Friday—becoming the latest multinational firms to announce layoffs this summer as employers fear an unstable...
Brace for ‘Recession Shock’ as Outflows Rock Equities, Bank of America Says
(Bloomberg) — Investors bracing for a recession jolt accelerated their retreat from stocks after the Federal Reserve warned it won’t be easily deterred in its fight against inflation, Bank of Am...
Recession Fears Could Send This 10% Dividend On A 400%+ Profit Run
A businessman covers his eyes as he can’t watch a descending stock chart and an ominous shadow of a … [+] bear that is cast on the wall above him. getty One of the market’s smartest contra...
Wells Fargo Cuts 75 Jobs In Home Mortgage Division. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears
Wells Fargo made its ninth round of job cuts in its home mortgage division this year as the housing market continues to cool substantially—the latest U.S. company to announce layoffs this summer as em...
With a potential recession hanging over the country, more states issue stimulus checks — is yours one of them?
With a potential recession hanging over the country, more states issue stimulus checks — is yours one of them? Financial experts and economists see a dangerous storm brewing thanks to a volatile combi...
What Stocks Are Directly Impacted By A Housing Market Recession?
Sectors directly affected by housing market recession. Getty Images It’s no secret that the housing market has been on the rise for a few years. But now the market has shifted, with interest rat...
Despite recession fears, most investors haven’t shifted 401(k) assets
Morsa Images | E+ | Getty Images Many investors worry a recession is coming amid rising interest rates, high inflation and stock market volatility. But the majority haven’t changed their portfol...
Banking Titan JPMorgan Recommends To Steer Clear of Bitcoin (BTC) Amid High Risk of a Recession: Report
The chief global strategist at JPMorgan Asset Management is reportedly warning investors to avoid Bitcoin (BTC) as the threat of a recession looms. In a new Bloomberg report, David Kelly says that the...
UBS warns the U.S. now faces a 60% chance of sinking into a recession
The U.S. Federal Reserve (Fed) has been talking tough and taking an aggressive stance toward inflation with the goal of preventing a recession. During the Covid lockdowns, stimulus moves brought liqui...
Dow Falls 300 Points, Bond Yields Surge As Investors Bet On More Rate Hikes
Topline Stocks fell for a third day in a row on Tuesday as the recent summer market rally continues to fizzle out, with investors growing nervous about more big interest rate hikes from the Federal Re...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
Are Any Stocks ‘Recession Proof’?
Recessionary times are part of investing, it’s essential to adjust accordingly. Getty Images A common concern for investors is where to hold their assets during a recession. Trying to time the m...
U.S. is headed for ‘whopper of a recession’ in 2023: Professor Hanke
The U.S. economy is headed for much more than just a “technical” recession in 2023, says Steve Hanke. He’s a Professor of Applied Economics at Johns Hopkins University. It’s not entirely about the rat...
UK: recession will be long and not painless
According to Goldman Sachs, the recession in the UK, which is already beginning, will be long and plagued by high energy prices and inflation, at least until 2024, and then normalize the following yea...
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession – Economics Bitcoin News
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool ...
We’re going to have one whopper of a recession in 2023
The U.S. economy is going to fall into a recession next year, according to Steve Hanke, a professor of applied economics at Johns Hopkins University, and that’s not necessarily because of higher...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chairman of Morgan Stanley Asia, warns the ...
Dow Inc., LyondellBasell and Westlake Get ‘Petrochemical Recession’ Downgrades
Text size Dow recently announced plans to cut its global polyethylene operating rates by 15%. Jeff Kowalsky/Bloomberg Dow Inc. is one of three chemicals stocks that KeyBanc downgraded, noting a “petro...