Why Bank of America CEO Brian Moynihan is not so stressed about recession "We are in pretty good shape. Recession predicted. Those things will collide.” Fortune · Nov 3, 2022
Fisher: China’s Economy Can Weather a Global Recession — if One Even Hits History shows Chinese growth can persist despite pockets of weakness and recession elsewhere Caixin Global · Nov 3, 2022
Asia stocks fall after Fed says more US rate hikes likely Asian stock markets have sunk after the Federal Reserve added to fears of a possible recession by saying it wasn’t finished raising U.S. interest rates to cool inflation The Independent UK · Nov 3, 2022
Fed faces twin threats of recession and financial crisis as its inflation fight raises risks of both There is wide agreement among economists and market observers that the Federal Reserve’s aggressive interest rate hikes will cause economic growth to grind to a halt, leading to a recession. Less talked about is the risk of a financial crisis as the U.S. central bank simultaneously tries to shrink its… The Conversation · Nov 2, 2022
Alan Kohler: Economists disagree on where interest rates are heading – shock It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now. The New Daily · Nov 2, 2022
When Small Businesses Can't Pay Their Rent, Can A Recession Be Far Behind? Another huge harbinger of an impending recession is happening in the commercial real estate leased to small businesses. According to an October analysis from the Alignable Research Center, small-business owners are not paying their rent — in droves. Benzinga · Nov 2, 2022
How steep fed rate hikes affect your finances Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase The Independent UK · Nov 2, 2022
Maersk warns of ‘dark clouds on the horizon’ as it cuts demand forecast amid growing recession fears The firm said vacancy rates for warehousing fell to near-historic lows, as businesses scrambled for extra storage space to hold their swelling inventory levels after a drop-off in consumer demand Evening Standard · Nov 2, 2022
Here's What Billionaire Investor Leon Cooperman Is Buying As He Anticipates A Recession In 2023 Although the fourth quarter is a historically strong period for the markets, Omega Advisors chairman and CEO Leon Cooperman remained wary. Benzinga · Nov 1, 2022
How The 60/40 Portfolio Stacks Up With The S&P 500 A portfolio consisting of 60% stocks and 40% bonds had a golden age from the 1980s — until recently.The combination offers investors risk-adjusted returns that are frequently on par with, or greater to, those of the benchmark SP 500 Index.The 60/40 portfolio faced significant challenges this year due to ongoing… Benzinga · Nov 1, 2022
2 Stocks You May Want to Consider Selling Before 2023 As the Fed battles sky-high inflation with aggressive rate hikes, the market is fuming with recessionary concerns. Moreover, consumer confidence has been declining amid the slowdown in the global economy. Thus, it could be wise to steer clear of fundamentally weak stocks Marvell Technology (MRVL) and ContextLogic (WISH). Read more. StockNews.com · Nov 1, 2022
UK manufacturing faces deep recession as output slumps Factory output likely to fall further as consumers’ real incomes are hit by inflation, economists say The Guardian - UK · Nov 1, 2022
General Mills CEO: 'Brands need to stand for something' At the end of the last decade, General Mills and its competitors were fighting for every penny as many consumers abandoned legacy packaged food brands. Tribune News Service · Nov 1, 2022
The 4 Best Stocks to Buy for the Rest of 2022 Since the sky-high inflation persisted in September, the Fed is expected to launch another 75-basis-point rate hike this week. The stock market has been under pressure this year as investors remained anxious about the possibility of a recession. However, some fundamentally strong stocks, such as Altria Group (MO), Cummins (CMI),… StockNews.com · Oct 31, 2022
The Times of India · Oct 31, 2022 India: Higher oil prices would backfire on producers NEW DELHI: India’s oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
Tribune News Service · Oct 31, 2022 Democrats prepare for loss of Congress as voters break late to GOP Democrats’ prospects for holding onto Congress are fading a week before the U.S. election as voters focus on economic concerns rather than the rollback of abortion rights, bolstering Republicans who have made inflation a central issue in the race.
StockNews.com · Oct 31, 2022 3 Stocks That'll Help You Prepare for a Potential Economic Downturn The Fed officials seem all set to approve a massive rate hike in its upcoming meeting, paving the way for the policy rate to climb above 5% by March next year. The rapid tightening of monetary policy will likely trigger a recession. Thus, investing in resilient stocks Visa (V), Centene…
The Guardian - UK · Oct 31, 2022 World jobs boom halted by Ukraine war and recession risk, says ILO UN body says economic and political crises threaten rise in jobs and hours worked after Covid pandemic
Tribune News Service · Oct 31, 2022 13 ways to manage your money during a recession Most economists now expect a recession to impact jobs and incomes in the U.S. by 2024. If you’re trying to change your spending and saving to prepare, you wouldn’t be alone — 74 percent of Americans are changing how they manage their finances to prepare for an upcoming economic downturn.…
Tribune News Service · Oct 30, 2022 Allison Schrager: We should just accept we’re going to have a blah economy This economy can’t go on forever. GDP may still be growing, but it’s at an anemic rate. And other indicators are piling up that suggest a recession is imminent: The yield curve is inverting, hiring and house price growth is slowing and Philadelphia may win the World Series.
Tribune News Service · Oct 29, 2022 Commentary: GDP gives hope to Democrats but not many others The rebound in U.S. gross domestic product in the third quarter comes as a welcome surprise for Democrats heading into midterm elections, potentially putting to rest the notion that the country is already in a recession. But for workers and investors, the report isn’t quite so reassuring.
StockNews.com · Oct 28, 2022 Rough Waters Are Still Ahead for These 2 Stocks in Q4 Cruise companies are sailing in rough waters due to the persistently high inflation, the Fed’s consecutive rate hikes, and an impending recession. Given the industry’s uncertain outlook, fundamentally weak cruise stocks Carnival Corporation (CCL) and Norwegian Cruise Line (NCLH) might be best avoided now. Keep reading….
Tribune News Service · Oct 28, 2022 Fed seen aggressively hiking to 5%, triggering global recession Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a U.S. and global recession, economists surveyed by Bloomberg said.
Financial Times · Oct 28, 2022 The Fed’s dilemma: how long to ‘keep at it’ on inflation Amid conflicting economic signals and with midterms looming, the US central bank weighs a critical decision over interest rates
StockNews.com · Oct 28, 2022 Here Are 3 Stocks to Buy Under $50 in Q4 Although the stock market has been under pressure this year, many believe bulls will overtake the bears in 2023. Moreover, the U.S. economy’s third-quarter GDP surpassed growth estimates, easing recession fears to some extent. Therefore, this could be the right time to scoop up quality stocks Pfizer (PFE), Ryerson Holding…