The Latest Breaking News from Recession

Where is the Bottom for this Bear Market?

Bounces will pop up here and there as they did this past week...but don’t think for a second that this bear market is over because the Fed is not yet done with their mission to tamp down the flames of recession. When all is said and done we will have…

StockNews.com · Oct 7, 2022

Avoid stocks negatively affected by rate hikes

We expect the SET Index to continue to be volatile given the higher global recession risk, as many central banks are expected to keep raising interest rates to fight inflation. Adding to the negative factors, the US dollar continues to strengthen against other currencies and the prolonged Russia-Ukraine war has…

Bangkok Post · Oct 7, 2022

Consumers to ditch cafes for coffee at home amid rising prices, says ICO

Consumers will choose drinking coffee at home over cafes and restaurants due to rising inflation and risks of recession in coming months, the executive director of the International Coffee Organization (ICO) said on Friday.

Reuters · Oct 7, 2022

3 Stocks With Growth Potential You Won't Want to Miss

The Federal Reserve’s single-minded battle against inflation is expected to keep the stock market volatile and the economy teetering on the brink of a recession. However, companies with resilient and profitable businesses might be able to endure the near-term challenges. Hence, we think it could be wise to invest in…

StockNews.com · Oct 7, 2022

5 Stocks to Delete From Your Watchlist in Q4

The stock market has been experiencing wild swings this year, with inflation at a multi-decade high and the Fed aggressively raising interest rates to bring it under control. Amid rising recession worries, we think fundamentally weak stocks, Advanced Micro Devices (AMD), Block (SQ), Ginkgo Bioworks (DNA), Rocket Lab USA (RKLB),…

StockNews.com · Oct 7, 2022

US employers added 263,000 new jobs in September as ‘cracks’ appear in labor market

Jobs market growth has remained robust despite rising interest rates and fears of a recession, but how long it can maintain trajectory is unknown

The Guardian - US · Oct 7, 2022

EU leaders reaffirm support for Ukraine, squabble over gas price cap

European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague's ornate royal castle seemed to bring them no closer to deciding on whether or how to cap gas prices.

Reuters · Oct 6, 2022

2 Beaten-Down Nasdaq Stocks to Avoid

The NASDAQ Composite has been facing significant turmoil due to successive rate hikes. As recessionary fears loom over the economy, beaten-down stocks DraftKings (DKNG) and Affirm Holdings (AFRM) might be best avoided until further notice. Read more….

StockNews.com · Oct 6, 2022

'The Federal Reserve is doing a bad job': Economist Steve Hanke

Federal Reserve Chair Jerome Powell says he won't cause a deep recession but that "pain" is necessary to fight inflation. To curb the largest price increases in four decades, the US Federal Reserve has been raising interest rates this year. "The Fed is doing a bad job because they don't…

France 24 · Oct 6, 2022

3 Reasonably Priced Stocks to Buy This Fall

Concerns about a potential recession due to high inflation and the Fed’s interest rate hikes are expected to keep the stock market under pressure in the near term. However, it is wise to stay invested to garner long-term returns. We think investors could consider investing in fundamentally strong stocks, AmerisourceBergen…

StockNews.com · Oct 6, 2022