On a recent episode of the Invezz podcast, I pondered with a market strategist about the conundrum we are in at the moment. Namely, is a recession coming? The IMF waded into the debate Tuesday. It for...
Tag: Recession
The Fed Is Poised To Hike Interest Rates Again. Is It Enough To Keep Away A Recession?
(Photo by Samuel Corum/Getty Images) Getty Images Key takeaways The Fed is expected to introduce a 0.25% interest rate hike today, bringing the target up to 4.75% Inflation is already showing signs of...
Chicago PMI contracts for a fifth consecutive month; CB consumer confidence flashes recession
The Chicago Purchasing Manager’s Index (PMI), an index of the strength of manufacturing firms based in the Chicago area, saw declines in January 2023 settling at 44.3, from 44.9 in December 2022. A re...
Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Looming Recession To Weigh Down on Crypto
Bloomberg Intelligence senior macro strategist Mike McGlone is warning the economy is likely to enter a recession, resulting in a drop in cryptocurrency values. In a new interview with crypto influenc...
Walmart Recession-Proofs Retail Reign With 3 Rare Moves
3 Gutsy Digital Moves Give Walmart Recession-Proof Edge Walmart and Wesley Hitt Recent earnings reports show retailers’ sales growth, customer loyalty and cash flow struggles. While pundits point to 1...
Robert Kiyosaki’s Warning: Prepare For A Rough Economic Landing, The Global Recession Is Here
Robert Kiyosaki, author of “Rich Dad, Poor Dad,” foresees a market catastrophe and asserts that recessions are the best periods to acquire wealth. In a tweet on Monday, the “Rich Dad Poor Dad” author...
Lumber Prices Set For A Surge As Homebuilding Rebounds
Constructing new timber framed houses in Echuca, Australia. (Photo by Ashley Cooper/Construction … [+] Photography/Avalon/Getty Images) Getty Images Get ready for a lumber surge. The homebuildin...
U.S. Economy Shows Resilience Amid Recession Predictions For 2023
AFP via Getty Images TL;DR U.S. GDP increased at an annualized rate of 2.9% in Q4, ahead of the 2.6% which had been projected Despite the positive news, two thirds of economists at the World Economic ...
Janet Yellen, Elon Musk Sound Alarm On 2023 Recession: High-Interest Rates To Blame?
The cryptocurrency had a difficult year in 2022, and it looks like 2023 won’t be any better. There are numerous well-known analysts and leaders issuing recessionary warnings. Here are the people who h...
Samsung Products May Soon Offer Telehealth
Last week, famed consumer electronics and digital technology leader, Samsung, announced a new partnership with IntelliTek Health, a company that has developed a patient centered virtual assistant tool...
A Good Year For Stocks? Sure
Happy days: A bullish case for the stock market Getty Images Last year was a bummer for the stock market, with the S&P 500 down 19%. Economists keep predicting a recession in 2023, although they t...
Gen Z’s recession fears are making them more selective while job-hunting. Here’s what bosses need to do to reel them in
The class of 2023 will graduate this spring with a rented cap and gown, high egg prices, and a new season of Succession to curb or distract from recession fears. Graduating into economic uncertainty i...
‘Rich Dad’ R. Kiyosaki warns of ‘rough landing for world’ as ‘we are in global recession’
Robert Kiyosaki, author of the best-selling personal finance book “Rich Dad, Poor Dad,” has warned of a rough landing, stating that a global recession is already here after months of raising the alarm...
Everywhere you look, the economy is in a deep freeze. But does that mean a recession is coming?
After years of cheap money helped fuel the rise of speculative investing and profitless business models in the U.S. over the past decade, stubborn inflation has forced the Federal Reserve to increase ...
Robert Kiyosaki Says ‘We Are in Global Recession’ — Warns of Soaring Bankruptcies, Unemployment, Homelessness – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that th...
Amazon’s Bold $5 Prescription Drug Program Is The Future Of Pharmacy
Amazon is taking yet another bold step into the world of healthcare, further solidifying its powerful footprint in the business-to-consumer “B2C” space. Earlier this week, the tech giant announced its...
No Recession In 2023, New Research Shows
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16, 2018: A sign in the window of a home decor store in San … [+] Francisco, California, announces the store’s going out of business sale. (Phot...
Janet Yellen, Elon Musk Warns Severe Recession, Will Crypto Crash Again?
U.S. Treasury Secretary Janet Yellen and business magnate Elon Musk warn the U.S. economy is at risk of a severe recession. Despite recent inflation and jobs data indicating less probability of a rece...
How to get a 6% return in bonds this year, according to Guggenheim
After an awful year, a straightforward strategy has been shaping up for investors to get an estimated 6% return in the bond market, according to Guggenheim Partners. The Federal Reserve’s rapid pace o...
Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation is cooling off, opening the door for the Federal Reserve to stop raising interest rates soo...
Auto Dealers And Customers See Things Differently; Done Right, Online Commerce Can Help
Sanjiv Yajnik, President of Financial Services at Capital One Photo: Capital One Consumers and car dealers are on different wavelengths in a couple of important ways that affect the customer experienc...
Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve will downshift to a 25 basis point rise in its policy interest rate at their upcoming interest-rate meeting and will work overtime to make sure that the market doesn’t get the idea...
Opinion: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now.
I have always refrained from saying what legendary investor Sir John Templeton considered the four most dangerous words in investing: This time is different.” After months of talking to and reading th...
This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX, +0.40% has gained 5% this year, and the tech-h...
How To Take Advantage Of An Economic Recession – Cryptopolitan
An economic recession is a perfect example of the saying: ‘When life gives you lemons, make lemonade.’ You might be wondering what this means; it’s a saying that when something unexpected happens, don...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and servic...
Big Tech Stocks Lose $120 Billion After Microsoft Sets Off Earnings Recession Whistles
Topline Stocks fell Wednesday after Microsoft’s quarterly earnings report fell far short of expectations, with the top technology stocks leading the drop as fears mount about how lackluster macroecono...
The housing market recession could be bottoming out. What does it mean for home prices?
Fed Chair Jerome Powell made it crystal clear last summer: Spiking mortgage rates would help to “reset” the U.S. housing market, which had turned into a buyer’s nightmare during the ...
Morgan Stanley Warns ‘Imminent’ Earnings Recession Will Tank Stocks—But Here’s When The Bear Market Could End
Topline As earnings season kicks off, Morgan Stanley’s investment chief is warning clients that incoming reports will likely disappoint investors, pushing major stock indexes to two-year lows ev...
Microsoft Is Aggressively Investing In Healthcare AI
Earlier this month, healthcare artificial intelligence (AI) company Paige announced a new partnership with renowned technology giant, Microsoft. Paige describes itself as a company at the forefront of...
Opinion: The Fed expects a ‘soft landing’ and no recession for the economy. We could get stagflation instead.
I am especially wary of economists — that includes Federal Reserve members and well as former Fed members — who are quick to see a soft landing for the U.S. economy. Soft landings are rare. Former Fed...