UK unemployment rises to 3.6 per cent as recession looms Half a million working days were lost to strikes in August and September, the ONS said The Independent UK · Nov 15, 2022
3 EV Stocks to Pick Up During the Bear Market Recessions and bear markets are great opportunities to buy top stocks at a discount. Over the next decade, some of the best-performing stocks will emerge from the EV industry. Read more to find out why investors should watch BYD (BYDDY), NXP Semiconductors (NXPI), and Sociedad Y Quimica (SQM). StockNews.com · Nov 14, 2022
3 Dividend Stocks to Buy to Help Soothe Some of Your Pain Although inflation eased slightly last month, the Fed has indicated that the final level of interest rates could be higher than expected. With further interest rate hikes and the possibility of a recession expected to keep the market under pressure, it could be wise to buy dividend-paying stocks Pfizer (PFE),… StockNews.com · Nov 14, 2022
4 Overrated Stocks to Avoid Like the Plague Once investor favorites DoorDash (DASH), Teladoc Health (TDOC), SoFi Technologies (SOFI), and ContextLogic (WISH) have fallen significantly due to their poor fundamentals and growth prospects amid the Fed’s aggressive interest rate hikes this year. With lingering recession fears, these stocks are expected to tumble further. Thus, it could be wise… StockNews.com · Nov 14, 2022
Recession odds are up to 65% — here’s how a downturn could affect you Recessions are more than just a slowing economy, volatile stock market and a bad spell of data. Behind the numbers and jargon are real people — and real livelihoods at stake. Tribune News Service · Nov 14, 2022
UK to be first G7 nation to fall into recession and last to get out - economists The scale of the UK’s economic crisis was laid bare by a warning from economists Evening Standard · Nov 14, 2022
Sturgeon ‘profoundly concerned’ ahead of autumn budget The Chancellor warned he will make 'eye-watering' decisions, as the UK teeters on the brink of a long recession Insider UK · Nov 14, 2022
Monday briefing: The UK has slumped into recession once more – how will Sunak and Hunt respond? In today’s newsletter: Days before the Chancellor’s budget on Thursday, the government has an energy crisis, rising poverty and strikes to handle – and it could get worse The Guardian - UK · Nov 14, 2022
‘Recessionary fears’ among South West firms set in amid uncertainty A survey for NatWest has uncovered one of the weakest business performances for the region since the global financial crisis in March 2009 Birmingham Post · Nov 14, 2022
Deutsche Bank forecasts Australia will enter a recession in 2023, following an expected rise in unemployment Deutsche Bank expects Australia's unemployment rate to spike to 4.5 per cent by the end of 2023, leading to a recession under the investment bank's definition. ABC News · Nov 14, 2022
Contractions in new business and output soften in October - report Survey participants mentioned reduced spending at clients amid recession fears and financial difficulties Birmingham Post · Nov 14, 2022
Economy contracted in October in Yorkshire and Humber Region one of the last to see activity shrink as concerns over recession emerge Birmingham Post · Nov 14, 2022
Business activity slumps further amid threat of recession, report shows The Bank of Scotland Business Activity Index also blamed high inflation for the fall in October. The Independent UK · Nov 14, 2022
A summit for who? This week, the leaders of Asia-Pacific Economic Cooperation (Apec) nations will meet in Bangkok. This year's summit is crucial, as it takes place amid increasing geopolitical temperatures as well as the growing risk of a global recession. Bangkok Post · Nov 13, 2022
The Guardian - UK · Nov 13, 2022 What does the autumn statement have in store? A poison pill for Labour Spending cuts and tax rises will deepen the recession so the pain will be deferred until 2025 and a likely Starmer government
The Independent UK · Nov 13, 2022 Tax rises for everyone and big hikes to energy bills in Jeremy Hunt’s mini-Budget Chancellor’s aim is to bring down inflation and make recession ‘as short and shallow as possible’
Dynamite News · Nov 13, 2022 UK Economy: A crisis in the making for some time, with India trade deal offering hope It has been anything but a smooth ride for the Rishi Sunak led UK government, with the latest official data released this week reflecting a shrinking economy and a looming two-year-long recession. Read more on Dynamite News:
Daily Mirror · Nov 12, 2022 Jeremy Hunt warns he's Scrooge and will make 'horrible decisions' to save Christmas Chancellor Jeremy Hunt says he'll make some tough calls on tax and spending in a bid to get a hold on inflation to prevent recession which he blames on Russia
Daily Mirror · Nov 12, 2022 One in three would run out of money within months if recession makes income dry up Chancellor Jeremy Hunt threatens to create a million unemployed by clobbering businesses with tax rises in Thursday’s Budget
Fortune · Nov 12, 2022 3 ways to tell if you're about to be laid off Worried about a recession or layoffs? Experts suggest taking these steps to know if your company is next on the chopping block.
Daily Mirror · Nov 11, 2022 Austerity 2? No, thank you! Jeremy Hunt warns about another brutal era of cuts in Budget Another three months of falling growth would mean a recession, with the Bank of England warning it could be the longest downturn for a century
Evening Standard · Nov 11, 2022 The Leader podcast: Kwarsi Kwarteng ‘ghosts’ Liz Truss - and recession panic Sacked ex-Chancellor pops up before autumn Budget, plus bleak ONS data
The Independent UK · Nov 11, 2022 Tory tensions over autumn statement erupt as UK heads for recession Chancellor warns of ‘eye-watering’ decisions to come
StockNews.com · Nov 11, 2022 1 Solid ETF to Buy and Hold for the Long Term Uncomfortably high inflation, the Fed’s aggressive interest rate hikes, and recession fears have kept the stock market under pressure this year. However, given the defensive nature of consumer staples, Invesco Dynamic Food & Beverage ETF (PBJ) has survived the market sell-off pretty well. Hence, it could be wise to buy…
StockNews.com · Nov 11, 2022 Don’t Get Stuck Holding Any of These Stocks in Q4 While inflation seemed to cool off in October, it is way above the Fed’s 2% target. As the Fed continues to fight sky-high inflation with aggressive rate hikes, chances of a recession are rising. Hence, fundamentally weak stocks Plug Power (PLUG), Bed Bath & Beyond (BBBY), and Faraday Future Intelligent…