Thus far, 2022 has been a challenging year for global financial markets. Most stocks, cryptocurrencies, and commodities have dropped in value since the beginning of the year. Meanwhile, investors have...
Tag: Recession
The market is worried that oil’s rise may cause a recession
CNBC’s Jim Cramer broke down why oil’s skyrocketing price has Wall Street worried about a recession, pointing to the fall in oil stocks on Wednesday even as crude hit record levels. “...
Fintechs delay IPO plans, focus on profitability amid recession fears
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financi...
World Bank Warns of Global Recession, Stagflation — ‘This Is the Sharpest Slowdown in 80 Years’ – Economics Bitcoin News
The World Bank has warned of a possible global recession. “For many countries, recession will be hard to avoid,” said World Bank President David Malpass. “This is the sharpest slowdown in 80 years.” W...
Dow Falls Nearly 300 Points, Treasury Yields Surge As Experts Warn Of A Hard Economic Landing
Topline Stocks fell and rates on government bonds surged on Wednesday as investor concerns about a slowdown in economic growth continued to weigh on markets, while oil jumped to a 13-week high on the ...
Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight
Topline Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain ele...
2 software stocks that could weather a recession hailstorm
With the possibility of a recession on the cards, investors should look to determine which firms have a reasonable chance of emerging from a potential economic downturn in a better position. Despite 2...
$140 oil is ‘the level to watch as a recession indicator’: DataTrek
A sustained high price for crude oil could tip the economy into a recession, researchers at DataTrek warned in a new note on Tuesday. “We still believe $140/barrel is the level to watch as a rec...
The Economy May Be Slowing, But Recession Fears Are ‘Overblown’ These Experts Argue
Topline Despite the stock market taking a hit in recent months from growing recession fears, some experts still remain cautiously optimistic about the economy’s prospects, predicting that a downturn c...
What The Great Recession Teaches Us About Surviving The Next Downturn
Businesses are girding for an economic downturn getty Brace yourself for an economic hurricane. That was the advice conveyed by JPMorgan Chase CEO Jamie Dimon earlier this month at a financial confere...
Europe More Likely to Head Into Recession Than US – Regulation Bitcoin News
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Re...
Few Market Signs Show a Recession Expected, Deutsche Bank Says
(Bloomberg) — Some prominent Wall Street figures have warned recently that the Federal Reserve’s rate hikes could drive the US economy into a recession. Most Read from Bloomberg But that’s not w...
Morgan Stanley executive warns of a recession and even bigger ‘paradigm shift’
The economy is likely to blow hot and cold for the immediate future, Morgan Stanley’s copresident says, as the economy swings between fears of inflation and fears of contraction. Last week, Ted Pick, ...
Expert opinion: ‘McDonald’s is core holding you want for recession’
McDonald’s Corp (NYSE: MCD) is a must-have for times of recession, says Lee Munson. He’s the Chief Investment Officer at Portfolio Asset Management. Why Munson is bullish on McDonald&rsquo...
Recession Forces Hiring Rethink; Terra Optimism
Here’s your weekly dose of all the leading stories in the cryptocurrency ecosystem compiled by Be[in]Crypto from May 30 to June 5. The stories range from Coinbase’s hiring rug pull, Terra’s post-morte...
What’s the Best Investing Strategy to Have During a Recession?
During a recession, investors need to act cautiously but remain vigilant in monitoring the market landscape for opportunities to pick up high-quality assets at discounted prices. These are difficult e...
It Will Probably Take a Recession to Tame Inflation
The global pandemic produced widespread shortages, culminating in a level of inflation not seen in 40 years. When the surge in prices began more than a year ago, it was natural to assume that it would...
Recession Ahead – Right After This New Bull Stock Market
New York City with rainbow in front of distant storm getty Wall Street looks 6+ months ahead, and it likes what it sees. The proof is in the stock market’s behavior: A choppy, rising foundation-...
US Recession Is Avoidable If Fed Is Able to ‘Thread the Needle’
(Bloomberg) — To hear some of the chatter in financial markets and corporate America’s C-suites, a US recession is imminent and inevitable. Most Read from Bloomberg Not necessarily so. While the...
Citi CEO Says US Will Find It Difficult to Avoid a Recession
(Bloomberg) — Citigroup Inc. Chief Executive Officer Jane Fraser said the US will have difficulty avoiding a recession, though a severe downturn is not the bank’s “base-case” scenario. Most Read...
Stocks Fall Despite Strong Jobs Report As Rates Surge On Recession Fears
Topline The stock market moved lower on Friday and government bond yields surged after the U.S. economy added a more-than-expected 390,000 jobs in May, with the strong labor market signaling to invest...
Labor Market Added 390,000 Jobs In May—Beating Expectations Despite Looming Recession Concerns
Topline The U.S. added back another 390,000 jobs in May, performing better than economists expected as the strong labor market recovery encourages Federal Reserve officials to more aggressively raise ...
Fed had to choose Between Inflation or Recession: Chief Economist
One might cause a recession, while the other could keep inflation high until 2023. According to Mohamed El-Erian, Chief Economic Advisor of Allianz, the Federal Reserve will have to “choos...
Here’s How The Stock Market Performs During Economic Recessions
The Fed’s rate-hiking campaign is sparking recession fears as investors worry about where to invest their money during a downturn. Getty Images The stock market has had its worst start to a year...
Recession Is Inevitable and Crypto Is Here to Stay – Bitcoin News
Soros Fund Management’s chief executive and chief investment officer, Dawn Fitzpatrick, says cryptocurrency is here to stay and it’s already gone mainstream. She also believes that a recession is inev...
Citi Says Triple-Digit Oil Should Be Near $70 as Recession Looms
Reuters Yellen says she was ‘wrong’ about inflation path; Biden backs Fed WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that she was wrong in the past about th...
With Recession Threatening, The Lipstick Effect Kicks In And Lipstick Sales Rise
“Give a woman the right lipstick and she can conquer the world,” said Lipstick Queen Poppy King. getty In beauty circles, the Lipstick Effect, also called the Lipstick Index, is claimed to be th...
Biden Meets With Fed Chair Powell, Says Fighting Inflation Is ‘Top Economic Priority’
Topline President Joe Biden met with Federal Reserve Chair Jerome Powell at the White House on Tuesday to discuss tackling historically high levels of inflation, declaring it a top priority for the ad...
Salesforce earnings expected to serve as business-spending bellwether amid economic uncertainty
Salesforce Inc. is expected to have a much more subdued earnings report in the coming week as fear of a recession and inflation, as well as COVID shutdowns in China and the war in Ukraine, are prompti...
We ‘have reached peak bearishness’ on recession and Fed fears, Citi says
After a couple of days of strength in stocks, one Wall Street investment bank thinks the worst is behind investors — for now. “Over the near term, our high level takeaway is that the equity mark...
Dow Falls 200 Points As Experts Warn That High Inflation Could Lead To Further Selloff
Topline The stock market fell on Monday, failing to build on recent gains after its best week since November 2020, as widespread selling pressure resumed amid growing fears about surging inflation lea...
Microsoft and Two Other Software Stocks for a Potential Recession
Text size Microsoft is a top pick of Bernstein software analyst Mark Moerdler for a potential recession. Drew Angerer/Getty Images The possibility of a bad recession is on everyone’s mind. On Tuesday,...