Oil prices fell sharply on Monday after weak economic data from China raised fears that a slowing global economy will reduced demand for energy products. Price action West Texas Intermediate crude for...
Tag: Recession
Spectre of jobs bloodbath hangs over the City as recession looms
Berenberg sacked 30 staff last week, sparking fears of a wave of Square Mile redundancies – Victoria Jones/PA Wire August is usually the one time of year when City bankers can head off to the su...
Don’t just sink into recession depression — protect your money by focusing on these 5 things within your control
Don’t just sink into recession depression — protect your money by focusing on these 5 things within your control With doom and gloom headlines coming out every day about rising interest rates an...
Is Apple indeed immune to a recession?
There’s no evidence to show beyond a doubt that Apple Inc (NASDAQ: AAPL), indeed, is a recession-proof stock, says Toni Sacconaghi. He’s a Senior Research Analyst at Bernstein. Apple had a strong Q3 I...
What Industries Do Well In An L-Shaped Recession?
Getty Images Key takeaways Credit Suisse analyst Zoltan Pozsar sees the U.S. economy diving into an L-shaped recession before inflation eases An L-shaped recession occurs when the economy plunges and ...
63% of Traders Bearish on Crypto With Possibility of Upcoming Recession, Study Reveals
According to the most recent Charles Schwab Trader Sentiment Survey, 90% of traders believe that a US economic recession is highly likely, with 74% of them convinced that it will start this year. As p...
Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA
Households, not hedge funds or major corporations, represent the biggest class of owners of the U.S. stock market. That matters because households, the “placid gorilla” in U.S. stocks, haven’t cut and...
Why home prices can stay high, complicating the Fed’s battle against inflation
Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...
Here are 3 proven ways to get rich during a recession — without having to risk a bunch of money to do it
Here are 3 proven ways to get rich during a recession — without having to risk a bunch of money to do it Certain politicians have dismissed the idea that the U.S. is currently in a recession. But if y...
Tesla Shares Failed To Hold Its 200-Day Simple Moving Average. Here’s How To Trade The Stock Now.
(Photo by Smith Collection/Gado). Getty Images Tesla TSLA tried to breakout above its 200-day simple moving average last week but broke below it on Monday as CEO Elon Musk reduced his holdings. Musk s...
A Recession Is Coming, And It Looks Familiar
The signs are pointing to another recession, and investors need to understand how we got here. The … [+] last two recessions can provide a guide. (Photo by Johannes EISELE / AFP) (Photo by JOHAN...
Dow Jumps 400 Points After Consumer Prices Cool Slightly In July—Has Inflation Peaked?
Topline The stock market surged higher on Wednesday after a better-than-expected inflation report for July, boosting investor sentiment as consumer prices fell for the first time in months, adding to ...
Is there a recession coming in 2022? How will it affect crypto?
As we transition into these uncertain times, it’s important to understand not only what’s going on in the market, but also how the economy as a whole is changing, and to what safe havens we may retrea...
Tesla CEO Elon Musk, Predict Upcoming Recession and Inflation
At the recent meet-up of Tesla shareholders, Elon Musk predicted about the US economy. Mild recession will seen in the next eighteen months while the inflation is at its peak. Musk’s Prediction on Rec...
Inflation Has Now Peaked, and Recession Will be Mild
Elon Musk thinks things are looking up. In a new meeting with Tesla shareholders, the billionaire was optimistic about the future of the US economy. During Tesla’s latest shareholder meeting, the bill...
Suze Orman likes these 3 simple techniques to prepare for the recession ahead
‘Assume you are laid off’: Suze Orman likes these 3 simple techniques to prepare for the recession ahead The word recession is making headlines these days. The latest GDP report showed that the U.S. e...
Some Experts Are Warning Of A ‘Bear Market Rally’—Here’s Why Stocks Could Hit New Lows
Topline Several Wall Street experts are warning that despite moving higher in recent weeks, the stock market still has further to fall—with recent gains likely to be nothing more than a “bear market r...
Why the S&P 500’s ‘bounce within a bear market’ could fizzle before it hits 4,200
Add another voice to the growing chorus of naysayers about the staying power of the recent rally in U.S. equities. The stock market’s rally since the Federal Reserve’s last jumbo rate hike in late Jul...
Statistics Are Mixed But On Balance Say The Economy Is Weak
Ambiguous economic chart. (Photo by Daniel ROLAND / AFP) (Photo by DANIEL ROLAND/AFP via Getty … [+] Images) AFP via Getty Images If you listen to the White House, you hear that the economy is s...
Futures volumes continue to climb as crypto prices pull back: the week in markets
Crypto prices pulled back this week following two weeks of relatively unencumbered growth at the tail end of July. At the time of writing, bitcoin was trading at $23,119, down 0.2% over the past 24 h...
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months – Economics Bitcoin News
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” th...
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
Best ETFs: How A Manager With $7.5 Billion In Assets Is Hedged For Recession
Whether the U.S. economy is in a recession or not isn’t what’s most important to investors. Diversification is key no matter what and guides you to pick the best ETFs for your portfolio, s...
Robinhood, Carvana And More—These Stocks Are Surging After Announcing Cost Cuts
Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic ...
This Is Why We Are Not In A Recession Yet, But It’s Just A Matter Of Time
The market bounce may be short-lived if it thinks that the Fed is going to become less aggressive … [+] anytime soon. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Image...
Is the economy in a recession? Top economists weigh in
‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than...
Recession Heats Up; Investors Keep Your Shorts On
Walmart said this week that it was laying off more than 200 senior managers and lowered their … [+] forecasts as the economic slowdown continues thanks to rising costs. (Photo by J.D. Pooley/Get...