Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities look set for another battering, on Monday. “You can’t have the stock market collapse ov...
Tag: Recession
Over 60% of UK investors predict a recession by the end of the year, survey shows
On August 26, US Federal Reserve (Fed) chair Jerome Powell held a long-awaited speech in which he claimed that the central bank would continue to raise interest rates to fight off inflation, interject...
Goldman Says Buy Commodities, ‘Worry About Recession Later’
(Bloomberg) — Goldman Sachs Group Inc. urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term, arguing that raw materials...
What The Generations Want From Work: New Data Offers Surprises
Multiple generations bring challenge and opportunities. getty Generations have long been a way to understand people and what they want—from their work and for their lives. And companies should pay att...
Elizabeth Warren ‘Very Worried’ Fed’s Interest Rate Hikes Could Spark A Recession
Topline Sen. Elizabeth Warren (D-Mass.) said Sunday she is “very worried” the Federal Reserve’s moves to fight inflation will “tip the economy into recession,” after Fed Chair Jerome Powell warned eco...
Physicians Would Need Almost 27 Hours A Day To Provide Optimal Patient Care, Per New Study
In a new study published in the Journal of General Internal Medicine, researchers found that in order to provide guideline-recommended care, a primary care physician would require nearly 26.7 hours pe...
Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says
“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former U.S. Treas...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
Bitcoin Drops Below $20,000 Amid Recession Fears
Topline Bitcoin dropped below $20,000 Saturday—trading at its lowest levels in over a month—after stocks sold off sharply Friday as investors pulled back from risky assets amid renewed concerns the Fe...
Shrinking the Fed’s balance sheet sheet is not likely to be a benign process, new Jackson Hole study warns
“If the past repeats, the shrinking of the central bank’s balance sheet is not likely to be an entirely benign process and will require careful monitoring of the banking sector’s on-and off-balance sh...
The Healthcare Industry Is Crumbling Due To Staffing Shortages
The “great resignation” alongside the Covid-19 pandemic has reshaped the way people think about work. Indeed, for many industries over the last year, finding sustainable and reliable employees has bee...
Bitcoin Jumped a Bit Following Easing of Recession Fears
Bitcoin – along with several other leading digital currencies like Ethereum, Cardano, and Solana – rose quite a bit in recent weeks and was trading for just over $24,000. Many analysts assumed that $2...
Minnesota Fed Chair Says Recession Is Inevitable, What’s Next?
One of the crypto winter catalysts was the Federal Reserve’s announcement of a rate increase to curb inflation, taking the country towards a recession. As soon as the information reached the crypto co...
DataRobot, U.S. Express Announce Layoffs. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.
AI startup DataRobot and trucking company U.S. Xpress are the latest companies to announce layoffs Thursday, totaling hundreds of workers, as U.S. companies fear a possible recession. Aug. 25, 2022Art...
Here’s Why The Fed’s Jackson Hole Symposium Isn’t A Big Deal For Investors
Topline While traders will be closely watching the Federal Reserve’s annual Jack Hole symposium for clues on future interest rate hikes, history shows that the event rarely moves markets in a big way ...
Fed President Admits To Wanting Recession, Should You Panic
Any growth in Bitcoin and Ethereum prices has effectively stalled. Bitcoin has fallen close to 10% while Ethereum’s decline is over 11%. However, the indication from the Fed points to the situation wo...
Is It True That Cash Is King During A Recession?
Getty Images Key takeaways According to GDP growth metrics, the U.S. is in a recession, but economic indicators suggest we’re not “technically” there Recessions often come with higher unemployment, le...
Billionaire Ren Zhengfei Urges Huawei To Focus On Survival Amid Global Recession
Ren Zhengfei gives an interview while visiting Taiyuan, north China’s Shanxi Province, on February 9, 2021. Xinhua News Agency/Getty Images Ren Zhengfei, the billionaire founder of Chinese smart...
5 Ways To Manage Your Career Ahead Of A Recession
A recession can create ups and downs in your career. getty If you’re an employee, chances are you’re feeling some concern about the economy and the job market. And your concerns are reasonable, given ...
Will US Recession Lead To Crypto Stagnation?
26 mins ago | 2 mins read Bitcoin News 3% of respondents think a recession in the American economy would never happen. Elon Musk recently predicted, the next recession might last up to 18 months. The ...
97% of US Executives Surveyed Are Bracing for Recession – Economics Bitcoin News
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two qu...
The Stock Market May Have Just Sent an Important Signal
The slump in the stock market could continue while the dollar becomes stronger as Wall Street waits for Fed Chairman Jerome Powell’s speech later this week and as concerns about inflation and a slower...
Beware of a ‘bear trap’ retreat in stocks after the big summer rally, strategists warn
It looks like a “bear trap” may be lurking in this summer’s big bounce for the stock market, one that could lead to painful losses for investors, Glenmede strategists warned in a Monday report. Invest...
The picture of the recession according to JPMorgan
According to JPMorgan CEO Jamie Dimon, even something worse than a recession could be coming. JPMorgan CEO speaks out on the subject of recession The recession in the United States according to the C...
The U.S. May Have Inflation Issues, But Take A Look At Europe
A customer pays for his fruit and vegetables with a ten pound sterling note, at a trader’s market … [+] stall in London on May 12, 2022. – Britain’s economy shrank in March on ...
Shoppers spend over $300 a month on impulse purchases, despite recession fears
Pandemic shopping changes boosted impulse buys To be sure, the pandemic has changed the way people spend money. “Consumers abandoned ingrained shopping habits, hurtling ecommerce into hyperdriv...
JP Morgan’s CEO Jamie Dimon Warns of Catastrophic Recession
13 seconds ago | 2 mins read Bitcoin News Dimon then said that there is a 20-30% chance that something much worse may occur. Goldman Sachs CEO David Solomon has previously issued a similar warning. Ja...
Where’s the opportunity in ‘consumer staples’’ ahead of a recession?
Consumer Staples Select Sector SPDR Fund is already up more than 10% from its June low but the Chief Investment Officer of National Indexes Inc is convinced it’s not too late to hop onto what wi...
The Federal Reserve Can’t Back Down on Inflation in the Face of Recession
Text size The prospect of recession is raising alarm among households, firms, and investors alike. Spencer Platt/Getty Images About the author: Carl Tannenbaum is the executive vice president and chie...