Cathie Wood says we’re already in a recession — check these telltale signs and decide for yourself It may look, feel and cost like a recession. But is it really a recession? Despite rising infla...
Tag: Recession
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’ – Economics Bitcoin News
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the ...
It’s time to overweight small caps as ‘they’ve come very close to pricing in recession’: RBC Capital
Small-cap stocks have attracted more investors and analysts attention this week with their benchmark index the Russell 2000 jumping 3.5% on Tuesday to 1799 points, its biggest one day percentage gain ...
JPMorgan’s Michele Says Bonds Have Recession Priced In
(Bloomberg) — Bob Michele, a bond market veteran for more than four decades, predicts a 75% chance of a US recession over the next 18 months, but thinks it’s priced in. Most Read from Bloomberg ...
Is the Stock Market Going Up? It Depends on the Definition of Recession.
Text size Tradersat the New York Stock Exchange. Seth Wenig/AP Not since Bill Clinton testified about the meaning of the word “is” has so much hinged on the meaning of one simple word. The word is “re...
Bull Stock Market Arrives As Optimism Returns
A trader smiles and gestures another for a high-five at New York Stock Exchange (Photo by Chris … [+] Hondros) Getty Images Optimism? Really? Yes. Widespread media omens always occur just as the...
Jim Cramer offers his favorite stock picks for 3 possible recession scenarios
CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can...
Public Pensions Face Worst Funding Decline Since Great Recession
(Bloomberg) — US public pension funds are on pace for their deepest financial setback since the Great Recession as turmoil in global markets this year threaten to leave taxpayers and government ...
Billionaire Chamath Palihapitiya Issues Global Economic Warning, Says Demand-Side Recession Incoming
Billionaire venture capitalist Chamath Palihapitiya is warning that the global economy appears on track to witness two phases of recession. In a recent interview on the All-In Podcast, Palihapitiya sa...
Suze Orman says ‘the worst thing you can do right now’ is overspend — here are 8 things she thinks you shouldn’t do as a recession looms
Suze Orman says ‘the worst thing you can do right now’ is overspend — here are 8 things she thinks you shouldn’t do as a recession looms Best-selling personal finance author and TV p...
Disney stock is a good pick for a ‘mild recession’: Gina Sanchez
Walt Disney Co (NYSE: DIS) is a fantastic stock pick if you see only a “mild” recession ahead, says Gina Sanchez. She’s the CEO of Chantico Global. The bull case for Disney stock Signs of “peak inflat...
Expect Two Recessions, and a Quick End to the Fed’s Hikes
Forward guidance sounds like a great idea. Central bankers should lay out their longer-term goals to influence financial markets. Just as hockey great Wayne Gretzky would skate where the puck was head...
Fed can’t stop hiking interest rates even if there is a recession, former top central banker says
The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates even if there is a recession, said former Richmond ...
Recession Risks Rise As Yield Curve Flashes Major Warning
NEW YORK, NEW YORK – NOVEMBER 15: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] November 15, 2019 in New York City. As trade talks with China show some progress,...
A Federal Reserve Recession May Be Here; The Good And Bad News For U.S. Economy, S&P 500
The Federal Reserve is slamming on the brakes to stem inflation — with another 75-basis-point rate hike expected Wednesday — even as the U.S. economy is sucking wind. A Fed-induced recession now seems...
Recession Now Looks Like the Price to Pay for Beating Inflation
(Bloomberg) — After underestimating the worst inflation outbreak in decades, central banks are now driving their economies headlong toward recession in order to tame prices. Most Read from Bloom...
Prime Day 2022 Delivered Despite Macroeconomic Concerns
FILE – An Amazon Prime logo is seen on the side of a delivery van as it departs an Amazon Warehouse … [+] location on Oct. 1, 2020, in Dedham, Mass. Amazon will be offering discounts on a ...
S&P 500 retreats from 6-week high on weak earnings, recession concerns
The S&P 500 fell Thursday, retreating from a six-week high, after a weak batch of corporate earnings and economic data revived fears of a recession on Wall Street. The Dow Jones Industrial Average...
Data on US economy disprove recession
New data seem to disprove the recession in the US that has been given almost for certain by all analysts, but there are some clarifying remarks to be made. Bernstein: recession in the US is a long way...
Microsoft Stock Is a ‘Good Place to Hide.’ This Analyst CutsPrice Target Anyway.
Text size Microsoft updated its guidance to reflect higher foreign exchange headwinds ahead of its fourth-quarter earnings report. Jeenah Moon/Getty Images Microsoft won’t be immune to an economic slo...
Elon Musk: ‘A Recession Is Inevitable’
During a video appearance at the Qatar Economic Forum, Billionaire Elon Musk shared his views and thoughts regarding Dogecoin (Crypto: DOGE), Tesla Inc (NASDAQ: TSLA) and public panic over pending eco...
Don’t Bet On President Biden’s Promises That Oil Prices Will Drop
WASHINGTON, DC – Prices for gas at an Exxon gas station on Capitol Hill in Washington, DC. The cost … [+] of gasoline has dropped recently on fears of a recession. (Photo by Win McNamee/Ge...
For Climate’s Sake, Don’t Have The Fed Cause A Recession
With U.S. inflation at 9.1%, economic pundits are bracing for the U.S. Federal Reserve to pull a Paul Volcker. The Fed Chairman from 1979 to 1987, Volcker tamed inflation by driving short-term interes...
Why the stock market still hasn’t priced in a full recession
Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy. Despite enduring the worst start to a year since 1970, the benchmark S&...
Dow Rebounds 500 Points, Analysts ‘Cautiously Optimistic’ After More Solid Earnings
Topline The stock market surged Tuesday, recouping losses from the previous session, as investors cheered another round of solid quarterly earnings results from corporate America despite inflationary ...
What to expect as Morgan Stanley warns of ‘streaming recession’
Netflix (NFLX) is set to report its fiscal second quarter earnings on Tuesday after market close as the company battles ongoing inflationary pressures, increased competition, and an uptick in subscrib...
Apple Reportedly Plans To Slow Hiring Amid Recession Fears
Topline Apple shares slid in early Monday afternoon trading after Bloomberg reported the technology giant plans to scale back hiring and spending growth in some areas of its business due to worries ab...
S&P 500: What Recession? 8 Companies’ Profit Is About To Boom 350% Or More
This earnings season isn’t much to look forward to for most S&P 500 investors. But some outliers are about to put up giant profit growth. X Analysts think eight S&P 500 companies — inclu...
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
Topline The stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from big banks provided further clues about the health of the economy, with investors now ...
Opinion: The cloud boom is coming back to earth, and that could be scary for tech stocks
Cloud computing is widely viewed as a recession-resistant business, but the theory has not really been tested since cloud-service providers have not experienced a major economic downturn since becomin...