Australia, Indonesia sign economic pledge Australia and Indonesia have signed an economic memorandum of understanding amid bleak warnings about a future global recession. AAP · Sep 19, 2022
There are concerns that the US Fed will 'tighten right into a recession'; ASX falls Australian shares fall, with mining and gold stocks supporting the benchmark index, even as risk appetite remained weak after investors weighed expectations of an outsized rate hike from the US Federal Reserve this week. ABC News · Sep 19, 2022
Spot gold declines to lowest in over 2 years The spot gold price dropped to its lowest level in more than two years, pressured by a strong US dollar and the rise of US government bond yields amid concerns about prolonged tightening monetary policy and the likelihood of recession. Bangkok Post · Sep 18, 2022
Fallout from an 'economic war' Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991. Bangkok Post · Sep 18, 2022
Maybe the US is in a recession, but small businesses don’t know it Inflation is high, interest rates are rising and the stock market is down 18% … but small businesses are still hiring The Guardian - US · Sep 18, 2022
UK’s small firms founded during pandemic face grim outlook as recession looms Inflation, energy bills and staff shortages are causing businesses, many founded during pandemic, to fold in record numbers The Guardian - UK · Sep 17, 2022
Delta CEO says airline industry sees 'big shift coming out of COVID' As the markets and economists brace for economic downturn, Delta Air Lines Inc. CEO Ed Bastian says he's not concerned about a global recession given the demand the airline industry is seeing. Tribune News Service · Sep 17, 2022
Asian markets sell off amid recession worries RECAP: Asian markets sold off sharply on Friday and Europe followed as investors braced for a hefty US rate hike next week amid growing concerns of a global recession following warnings from the World Bank and the International Monetary Fund. Bangkok Post · Sep 16, 2022
SET volatile ahead of key Fed meeting Trade on the Stock Exchange of Thailand was quite volatile in the past week. The SET Index climbed towards 1,670 points early in the week before surprisingly high US inflation dragged down global risk assets and Thai shares on Wednesday morning. Bangkok Post · Sep 16, 2022
3 Safe Investments for Seniors to Consider Right Now August CPI figures indicate that inflation is yet to be controlled, and the Fed might launch another significant interest rate hike next week. As recessionary fears loom over the economy, it might be ideal for seniors to invest in the fundamentally sound stocks Johnson & Johnson (JNJ), Coca-Cola (KO), and… StockNews.com · Sep 16, 2022
3 Cruise Ship Stocks Sailing in Rough Waters Right Now Persistently high inflation and the Fed’s aggressive stance to combat it have increased recession fears. While the cruise industry barely recovered from the pandemic-led disruptions, a downturn in the economy could wipe out its liquidity. So, it may be prudent to avoid fundamentally weak cruise ship stocks Carnival Corporation (CCL),… StockNews.com · Sep 16, 2022
Government warned foreign investors could desert Brexit Britain as pound hits 37-year low City expert says ‘very bad’ figures suggest UK already in recession The Independent UK · Sep 16, 2022
3 Terrible Stocks It's Time to Sell Short Unrestrained inflation has been triggering a domino effect. The aggressive interest rate hikes by the Fed to bring prices down have been fueling recession fears and aggravating market volatility. Amid such turbulence, it could be wise to jettison fundamentally weak stocks Block (SQ), ChargePoint (CHPT), and Peloton (PTON) or sell… StockNews.com · Sep 16, 2022
Recession fears grow as number of businesses going bust rises in August Figures show the cost-of-living crisis is biting before small businesses have fully recovered from the pandemic Evening Standard · Sep 16, 2022
The National (Scotland) · Sep 16, 2022 'Long Brexit': Pound falls to historic low as UK exports flounder THE pound has fallen to its weakest level against the US dollar since 1985 amid fears the UK is heading for a lengthy recession.
The Guardian - UK · Sep 16, 2022 Pound falls as weak retail sales raise fears UK economy is in recession On Black Wednesday anniversary, sterling hits 37-year low against dollar and 17-month low against euro
Dynamite News · Sep 16, 2022 India stocks bearish for 3rd day over monetary policy tightening worries Indian stocks started Friday's trade in the red, extending losses for the third straight session, on concerns of aggressive global monetary policy tightening by various central banks to avert recessionary fears. Read more on Dynamite News:
Asharq Al-Awsat · Sep 16, 2022 Oil Ticks Up, but on Track for Weekly Loss on Recession Fears Oil prices edged higher on Friday but were on track for a weekly decline amid fears of sharp interest rate hikes that would slam global growth and hit fuel demand. Brent crude futures were up 56 cents, or 0.6%, to $91.40 a barrel as at 0610 GMT, but were down…
The Guardian - UK · Sep 16, 2022 Pound drops to fresh 37-year low against dollar, as retail sales fall sharply – as it happened Risk of UK recession heightens with retail slump, while World Bank warns of global recession
Wales Online · Sep 16, 2022 Recession fears as employers ending recruitment, says report Labour market said to be at 'turning point'
StockNews.com · Sep 15, 2022 2 Reliable Drug Stocks to Buy and Hold for Big-Time Gains Persistent rate hikes by the Fed and rising odds of a recession have aggravated market turbulence and led investors to seek refuge in defensive sectors such as healthcare. Defensive stocks tend to perform well in declining markets due to the steady demand for their products. Hence, consistent dividend-yielding drug stocks…
ABC News · Sep 15, 2022 ASX dives again amid rate rise and recession fears, gold and oil stocks fall The ASX and Wall Street stumble again on worries about steep interest rate rises next week by the Federal Reserve, and after the Reserve Bank governor says more rate rises are needed to curb inflation. The World Bank warns of a global recession because of higher rates.
StockNews.com · Sep 15, 2022 3 Stocks You Don't Want to Buy on the Bottom August inflation figures remained unrestrained despite the Fed's consecutive rate hikes, and another significant hike seems evident next week. Given the rising recession fears, we think fundamentally weak stocks Warner Bros. (WBD), Snap (SNAP), and ChargePoint (CHPT), which are trading near their 52-week lows, might be best avoided. Keep reading….
Axios · Sep 15, 2022 How central banks are risking a global recession Major economies are delivering interest rate increases to quash domestic inflation.
StockNews.com · Sep 15, 2022 3 Airline Stocks Showing a Lack of Upward Direction The airline industry has been impacted by high fuel prices and declining consumer demand amid the rising odds of a recession. Concerns over elevated inflation, a sluggish economy, and operational challenges have led airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA) to decline lately. Investors should…