Topline As rapid inflation fuels growing recession fears, new data showed consumer prices rose 9.1% in the 12 months ending in June, hitting a worse-than-expected 40-year high after an unprecedented s...
Tag: Recession
Bitcoin (BTC) Is the Only Safe Haven Amid ‘Full-Blown Recession,’ Says Host of InvestAnswers
A popular crypto analyst is issuing a dire warning for all financial sectors as he breaks down the state of the macro economy. The anonymous host of InvestAnswers tells his 442,000 YouTube subscribers...
Why Hollywood’s Greatest Minds Are Recession Proofing Their Finances
ATLANTA, GEORGIA – JUNE 03: Sean “Diddy” Combs attends Black Tie Affair For Quality Control’s CEO … [+] Pierre “Pee” Thomas at Fox Theater on June 02, 2021 in...
Restaurant Operators Haven’t Been This Pessimistic Since The Great Recession Of 2008
A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. – US employers added … [+] 390,000 jobs last month, the US Labor Department reported on June 3, 2022, a sign of a s...
Wall Street Firms Slash S&P 500 Price Targets As ‘Concerned’ Analysts Warn Of Earnings Slowdown
Topline A handful of Wall Street’s biggest firms are slashing their S&P 500 forecasts for the year, predicting lower stock market returns thanks to a difficult quarterly earnings season ahead as c...
Here is how America’s millionaires are positioning themselves for a recession — if you’re doing something different, you might want to think twice
Here is how America’s millionaires are positioning themselves for a recession — if you’re doing something different, you might want to think twice With the U.S. economy showing some signs...
Bill Gross Favors T-Bills Over Stocks, Bonds as Recession Looms Large
(Bloomberg) — Bill Gross has one piece of advice for those looking to buy dips in bonds, stocks and commodities: just don’t. Most Read from Bloomberg The former bond king said one-year Treasury ...
Housing Market: Mountain of Woes Just Keeps Rising
The housing market is not a pretty thing right now. Soaring prices and mortgage rates have made homes unaffordable for many buyers, and sales are falling as a result. Here’s the latest piece of bad n...
Chief strategist sees ‘no upside catalysts’ for crypto as BTC yet to sink into a recession
As the cryptocurrency market continues to struggle with the bearish sentiment that has prevailed in recent weeks, some experts believe that it is still not in the clear and that the unfavorable situat...
Will earnings season trigger another leg lower for the Dow? Investors hunt for recession clues
Stock-market investors just can’t get off the merry-go-round this summer. A stronger-than-expected U.S. June jobs report on Friday calmed fears that the economy might have already slipped into recessi...
Those Predicting a ‘Fed-Induced Recession’ Misunderstand the Meaning of Recession
“You’re joking? How big is your fund?” Those questions were posed by a top Lehman Brothers investment banker in the early 2000s. He was on the phone with a top Australian investment banker; albeit at ...
Is a Recession Coming? Investors Turn to Earnings for Clues
(Bloomberg) — A looming recession, runaway inflation, an energy crisis in Europe and a euro that’s sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challe...
Commodity price declines may shape Fed’s rate-hike path, says economist
A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. The centra...
Wells Fargo sees a recession hitting the US in mid 2023 — here are 3 stocks the big bank likes for both cash return and inflation protection
Wells Fargo sees a recession hitting the US in mid 2023 — here are 3 stocks the big bank likes for both cash return and inflation protection The year 2022 has been rough for investors. Year-to-date, t...
Fed’s James Bullard Says 0.75-Point July Rate Rise Is Likely
Federal Reserve Bank of St. Louis President James Bullard said he is ready to follow the U.S. central bank’s supersize June rate rise with the same thing at the end of this month. “Our goal has been t...
Bitcoin Fanatic Mike Novogratz: A Recession Is Coming
Bitcoin bull and billionaire investor Mike Novogratz has commented that the United States is heading deep into recession territory, and he points to the latest crypto crashes as a sign of what’s to co...
The Pain Trade- How Aggressive Will The Fed Be On Inflation
WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
U.S economy added 372,000 jobs in June: ‘no sign of a recession’
S&P 500 is in the green on Friday after the Bureau of Labour Statistics said the U.S. economy added 372,000 jobs in June versus 250,000 expected. Jason Furman reacts to the jobs report At 3.60% (i...
Lower Valuations, Shut-Downs, Investment Pause. What’s A Founder To Do? Eight Investors Weigh In
Altitude Accelerator Mohammad Hussain This article was written in collaboration with Taylor McAuliffe, Researcher and Writer from Altitude Accelerator, a non-profit innovation hub and business incubat...
4 High-Dividend Stocks Rise In Face Of Recession Freak-Out
Think you can avoid the S&P 500’s pain with high-dividend and energy stocks? It’s not working anymore, for most stocks. X Just four stocks in the S&P 500 yielding 3.5% or more, Con...
Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow
Topline The U.S. labor market—one of the economy’s strongest pillars during the pandemic recovery—added back 372,000 jobs in June, performing better than economists projected amid concerns the Federal...
2 media stocks Citi sees as potential buys despite recession fears
No two recessions are alike, the only things that they have in common are that they’re painful and that value destruction occurs. With a possible recession on the way, numerous investors are concerned...
Recession Risks To Supply, Short Energy Markets Are Overstated
An oil rig south of Taft, California extracts crude. (Photo by David McNew/Getty Images) Getty Images Commodities have taken a pounding in recent days on growing fears of a global recession and demand...
When Will the Recession Start? Sooner Than Investors Think.
About the author: Larry Hatheway is a co-founder of Jackson Hole Economics and the former chief economist of UBS . Economists and pundits who expect recession but not until 2023 may soon be surprised ...
BofA Says Recession Fears Prompt Investors to Dump Stocks Again
(Bloomberg) — Investors are hoarding cash and hiding in US Treasuries as they dump equities amid fears that the US economy is headed for a recession. Most Read from Bloomberg Nearly $63 billion ...
Bitcoin price crosses US$22K; Fed cools recession fears
Reuters Lawsuit accuses troubled crypto lender Celsius Network of fraud A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the p...
Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out – Economics Bitcoin News
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we c...
Asia Broadband acquires more gold amid global recession fears
Asia Broadband Inc. (OTCMKTS: AABB) has been acquiring more gold deposits as the global recession continues to bit. The move aims to give Asia Broadband and its gold-backed hybrid cryptocurrency, the ...
Experts predict how low they could go amid a recession
The recent tumble in oil prices amid fears of a global recession begs the question: How low could crude go if major world economies do, in fact, contract? Predictions vary. “Global oil demand is fairl...
Here’s how much cash you need for a recession, according to advisors
designer491 | iStock | Getty Images With the threat of a recession looming, more financial experts are sharing how to prepare — including how much cash it may be smart to set aside. The end of June ...
A Double-Dip Recession Is Coming. It Will Be Worse if the Fed Caves on Inflation
A double-dip recession like the one experienced in the early 1980s is likely, writes Robert Heller. Above, a line of people waiting to apply for jobs at a hotel in Tampa Bay, Fla., in 1982. AP/Shutter...