Isabel Garcia Nevett is once again making adjustments to her business. After navigating the pandemic and dealing with rising inflation, she’s now thinking about how her Miami-based chocolatier,...
Tag: Recession
5 Recession Proof Stocks To Buy in the Market Crash
With each new record high in the stock market, investors’ confidence and dread rise. Are we near the end of this year’s high point? Is there a bubble around us? Whether the economy is on the verge of ...
High-Yield Dividend Stocks Stay Dominant As Basic Materials Get Blasted On Recession Fears
Equity markets took it on the chin following disappointing reports on inflation last week that came in much hotter than expected and dashing expectations that the data would show inflation moderating....
Morgan Stanley’s Wilson Sees Stock Losses Even If No Recession
(Bloomberg) — One of Wall Street’s biggest bears says US stocks are likely to face more declines even if the economy manages to avoid a recession. Most Read from Bloomberg “Counter-trend rally m...
Retail sales up 1% in June, easing fears of a recession
Commerce Department figures show that consumers are still spending on nonessentials such as gadgets and furniture, but department stores took a hit. Above, a shopper at Hardwear clothing store in Los ...
Copper Suffers Its Worst Week in a Year on Recession Fears
(Bloomberg) — Copper capped its worst weekly decline in a year, at one point dropping below $7,000 a ton for the first time since 2020 amid deepening recession concerns. Most Read from Bloomberg...
Over Confident Markets Anticipate Steep Drop In Inflation
(Photo by Samuel Corum/Getty Images) Getty Images Inflation just printed at 9.1%, the highest level since 1981. But don’t worry, sayeth the ever-wise financial markets, it will fall back down ve...
A Defensive Stock in the Face of Coming Recession
There’s little doubt that Costco Wholesale (COST) has plenty of fans on Wall Street. Now you can add a new one to the list. In a research note issued Thursday, Deutsche Bank analyst Krisztina Katai up...
How Our Dividend Strategy Beats Inflation And Recession In 2022
Money fight getty If you’re like me, you’re getting sick of this tug-of-war between inflation and recession worries. One steals our purchasing power, while the other knocks down our portfolio values! ...
How PrimeXBT Can Help Traders Survive a Recession
The mainstream and financial media headlines are inescapable: a recession is coming, and it could arrive at any time. Even worse, it could already be here, given inflation numbers are at record levels...
Dow Jumps Over 600 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks surged higher on Friday—recouping some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost from stronger...
Nearly Half Of Economists Believe Recession Is Coming, Survey Finds
Topline Some 47.5% of economists believe the economy is headed toward recession, according to a new Bloomberg survey released Friday, a 17.5% jump from last month as soaring inflation and widespread l...
Crude oil prices remain sub $100 as recession fears slow down markets
On July 14, Crude Oil WTI settled below $96 per barrel, while Crude Oil futures hit $91 per barrel hitting the lowest level since February. Escalating fears of low demand and economic slowdown contin...
Dow Jumps 400 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks opened higher on Friday—attempting to recoup some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost fr...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High – Economics Bitcoin News
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the ...
Federal Reserve Emphasized Higher Inflation Fears and Possible Recession in Latest Beige Book
The Federal Reserve Beige Book says that consumer spending has been flat over the past week in New York. In its Beige Book, a survey by the Federal Reserve revealed increased recession fears and the ...
Stocks finish mixed as investors weigh rate hikes, recession fears
U.S. stocks extended losses Thursday as investors digested earnings and recession talk from Wall Street’s big banks while reeling from shock inflation data that raised the possibility of a 100 b...
Cathie Wood: Recession Is Already Here; Deflation, Too
Investor Cathie Wood, chief executive of Ark Investment Management, on July 12 reiterated her view that we’re suffering from deflation, not inflation. And she said we’ve already entered recession. The...
Fed report finds higher fears of inflation and potential recession
A Federal Reserve economic survey released Wednesday pointed to elevated recession fears along with a belief that soaring inflation will last at least through the end of the year. The central bankR...
US recession looks likely, there are 3 ways the economy could get hit
Rising gas prices are piling pressure on the U.S. economy. Bloomberg | Getty Images The odds of the U.S. economy falling into recession by next year are greater than 50%, Richard Kelly, head of global...
Big banks are about to tell us if we’re heading into recession
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, July 14, 2022 Today’s newsletter i...
US Inflation Records 9.1% Growth in June as Recession Fears Heighten
The growth in the US Inflation rate is also notably weighing down on the hoard of digital currencies beginning with Bitcoin. The latest inflation data released by the Bureau of Labor Statistics today...
Wells Fargo Says These Eight Energy Stocks Can Weather a Recession
The year 2022 has been kind to oil companies, largely because price surges tied to Russia’s war on Ukraine. The S&P Oil & Gas Exploration & Production Select Industry Index has climb...
Casino CEOs say the industry isn’t yet seeing signs of recession, but is prepared for a pullback
Evan Savar and Nabu Reyes, both of Nevada, play blackjack with dealer Leah Prerost at the Red Rock Resort after the property opened for the first time since being closed on March 17 because of the cor...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Bank Of America Becomes Latest Financial Institution To Forecast Recession
Topline Bank of America on Wednesday became the latest financial institution to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank, Goldman S...
Recession Fears Are Top Of Mind, But We Should Be More Worried About America’s Weak Economic Growth
WASHINGTON, DC – MAY 04: U.S. President Joe Biden speaks during an event at the Roosevelt Room of … [+] the White House on May 4, 2022 in Washington, DC. President Biden delivered remarks ...
U.S. Will Fall Into Recession This Year As ‘Worrisome’ Forces Grow, Bank Of America Warns
Topline Bank of America economists became the latest experts predicting the U.S. will fall into a recession over the next year, telling clients a number of forces have pushed the economy to slow more ...
The “Pasta Bowl Recession” – What It Means For Investors
AFP via Getty Images Key takeaways Sean Snaith predicts that the U.S. is on its way to a “Pasta Bowl Recession” This recession, he says, could come in gradually and ease up just as gradually, just lik...
Dow Falls 300 Points After ‘Ugly’ Inflation Report Adds To Recession Fears
Topline The stock market tanked on Wednesday after the Labor Department reported inflation unexpectedly surged to new highs in June, adding to already widespread recession fears as investors believe t...
Toys Are Staples, Making Mattel a Buy in a Recession, Says Analyst
Shares of Mattel rose this past Monday, but fell for the week, after an upgrade from Goldman Sachs analyst Michael Ng, who argued that the toy maker had the ability to navigate economic uncertainties....