Topline The stock market tanked on Friday, adding to heavy losses this week that pushed the S&P 500 into a bear market, down over 20% from its intraday peak in January as investors continue to get...
Tag: Recession
Cracks in US Economy Start to Show as Recession Warnings Mount
(Bloomberg) — The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right. Mo...
Elon Musk expects a US recession
According to Elon Musk, the US will enter a severe recession over the next 12 to 18 months. US recession according to Elon Musk Elon Musk warns of a potential recession coming to the United States On...
Elon Musk Warns The Traders For Recession To Last At least 18 months – Coinpedia – Fintech & Cryptocurreny News Media
The Ukrainian war, China’s zero COVID policies, increased inflation and interest rates by the United States Federal Reserve are all pointing towards the US economic recession. On the other hand, Elon ...
Here’s The Worst Case Scenario For Stocks, According To Goldman, Deutsche Bank And Bank Of America
Topline Amid heightened recession fears, major Wall Street firms now warn that the ongoing market selloff, which is on track for seven consecutive weeks of losses, could get much worse—with stocks set...
Why Financial Markets Are Struggling
Close up of golden Bull and Bear standing on a Stock Market Newspaper getty U.S. stock markets continue to struggle amid Fed policy shift, inflation worries, and recession risk. Will inflation persist...
Investors Have ‘Nowhere To Hide’ As S&P 500 Nears Bear Market Territory
Topline The stock market moved lower on Thursday, pushing the S&P 500 to the brink of bear market territory as investors continued to offload shares following warnings from major retailers about i...
Recession Talks Surface, ETH 2.0 Uncertainty Looms, and Gasoline Hikes – crypto.news
Goldman Sachs, an American investment banking network and financial service provider, recently warned that there is a high risk of recession in the US. Lloyd Blankfein, Goldman Sachs’ senior chairman,...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
The stock market is pricing in a 70% chance of a ‘near-term’ recession, JP Morgan says
If you are a believer that price is truth in the stock market, then the latest research from the Street is worth seeing. “We estimate U.S. and Euro area equity markets are pricing in a ~70% prob...
US is probably in a recession that could last 18 months – Elon Musk
Elon Musk on Monday said he accepted the US was presumably in a downturn that could most recent year and a half The tycoon said the Biden organization had printed a zillion a bigger number of dollars ...
Are we headed for a recession? Goldman Sachs CEO answers
The S&P 500 index is down big this year; now about 20% below where it was at the start of the year. Still, Goldman Sachs CEO doesn’t find the ongoing risk-off very “surprising”. ...
Goldman CEO Sees Recession Risk, ‘Extremely Punitive’ Inflation
(Bloomberg) — Goldman Sachs Group Inc. Chief Executive Officer David Solomon said clients are preparing for slowing growth and a decline in asset prices — all as “extremely punitive” infla...
Recession Risks Are Contagious As Japan’s GDP Stumbles—Again
Prime Minister Fumio Kishida has very few options to avoid a recession that may be all but inevitable. Getty Images Japan’s economy shrank…Typing these words is maddeningly familiar for long-time Toky...
CEO outlook dims sharply, with more than half expecting a recession ahead, survey shows
Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession ahead, according to a closely watched business survey released Wednesday. The Conference Board ...
Recession talks surge Musk says it will last 18m as crypto tanks
For the last several months, recession talks have dominated the market. Crypto is a new economic asset that market experts have integrated into the conversation about recessions. Elon Musk, the famous...
Nasty Recession Imminent, Warns Macro Guru Raoul Pal – Here’s His Outlook for Bitcoin, Ethereum and the Crypto Markets
A popular macroeconomic expert thinks the world is going through a recession period but remains confident that cryptos will be a viable investment class in the long term. In a new interview with the I...
US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’ – Economics Bitcoin News
Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the governmen...
Retail sales climbed 0.9% in April: Is a ‘recession’ still on the table?
Retail sales climbed 0.9% in April even as inflation remained at about a forty-year high, reported the U.S. Commerce Department on Tuesday. Notable figures in the retail sales report In comparison, th...
The Fed’s Plans To Slow Inflation Will Kill The Economy: Is A Recession Inevitable?
This segment of What’s Ahead examines a pernicious idea that has a vise-like grip on Federal Reserve policy and is widely accepted among economists and policymakers. The notion is that the economy is ...
A top Morgan Stanley strategist thinks the risk of a recession has gone up ‘materially’ and stocks could fall another 15%
With the S&P 500 falling more than 16% year-to-date, investors have been left wondering if an end to the pain is coming anytime soon. The answer from investment banks? It’s unlikely. In a Sunday n...
Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says
(Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovic confidence ...
Stocks Keep Tanking As Growing Number Of Wall Street Experts Warn About Rising Recession Risks
Topline With the stock market falling for the last six weeks in a row amid growing concerns about an economic slowdown and the Federal Reserve raising interest rates to combat inflation, an increasing...
Goldman Sachs calculates a worst-case recession forecast as investors dump stocks and crypto
Stocks limped across the finishing line on Friday to close lower for a sixth consecutive week, a losing streak as bad as any that investors have seen over the past decade. As gutting as that sounds, G...
Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’ – Economics Bitcoin News
Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman...
Disney serves as a ‘consumer tracker’ amid recession watch, analyst explains
As investors and analysts watch to see if rising rates and rampant inflation dampens consumer spending, which could tip the U.S. into a recession at some point, the world of Disney (DIS) may prove to ...
Are We in a Bear Market? Investors Should Stay Calm.
About the author: David Rosenberg is founder and president of Rosenberg Research & Associates. He was formerly chief economist and strategist at Gluskin Sheff + Associates Inc, and chief North Ame...
This JPMorgan portfolio manager says he isn’t betting on a U.S. recession
In a wobbly stock market, Phil Camporeale, a portfolio manager at JPMorgan Chase & Co., is betting the U.S. will avoid a recession. Rising interest rates are the “number one culprit this year for...
A Harvard economist says the economy looks bad right now, but a recession isn’t a sure thing. It all depends on these 2 factors
These days, the economy seems to be on pins and needles. Stocks are crashing, investors are jittery, and voices continue to murmur that a recession is nearly upon us. Things look bad right now, but on...
Investors haven’t begun to price in recession — Here’s how far the S&P 500 could fall
The battered S&P 500 index is not pricing in a recession, according to DataTrek Research. “At 4,000, the recession odds imbedded in S&P are close to zero,” said DataTrek co-founder Nicholas C...
Recession Looms, But Markets Haven’t Got the Message
After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much re...