The Latest Breaking News from Recession

3 Stocks to Help You Survive and Thrive in Today's Market

Growing concerns over sky-high inflation, the Fed’s aggressive interest rate hikes, the decline in GDP for two consecutive quarters, and increasing odds of a recession are expected to keep the stock market under tremendous pressure in the near term. Amid this backdrop, investing in fundamentally sound stocks AbbVie (ABBV), Acuity…

StockNews.com · Aug 3, 2022

UK house prices: history says the market is in for a long slowdown not a crash

It’s going to be easier to get on the property ladder following a recent decision by the Bank of England to relax some of the criteria for getting a mortgage. Combined with expectations of a slowdown in the property market, this news will be something of a relief to those…

The Conversation · Aug 3, 2022

Editorial: It’s not time to panic — yet — about the nation’s economic woes

Any good financial adviser will tell his novice clients to refrain from checking the stock market every day to see how their investments are doing. It’s the long term that counts, not the volatility of daily buying and selling on the exchanges. That same caution should be applied to trying…

The Philadelphia Inquirer · Aug 3, 2022

One in five Scots households faces savings wipe out

A FIFTH of Scots households will have their savings wiped out by the soaring cost of living by 2024, a new report warns.

The National (Scotland) · Aug 2, 2022

Stagflation warning as UK ‘set to enter recession’

The National Institute of Economic and Social Research said the threat of stagflation has returned for the first time since the 1970s.

The Independent UK · Aug 2, 2022

Economist explains when we’ll know the recession is here and how long it will last

North Carolina economists last week told The Charlotte Observer they’re increasingly concerned about an impending recession.

Tribune News Service · Aug 2, 2022

2 Beaten-Down Stocks to Avoid Like the Plague in 2022

Fears over an impending recession have led to investors dumping many fundamentally weak stocks this year. Walt Disney (DIS) and Teladoc Health (TDOC), which have been lost significantly year-to-date due to their weak fundamentals, could be best avoided now. Read more….

StockNews.com · Aug 2, 2022

2 Mining Stocks You’ll Want to Buy as Metal Prices Drop

Metal prices are plunging lately on factors ranging from the strong dollar to China's slowdown. However, the increasing odds of a global recession should drive the safe-haven demand for precious metals like gold. Therefore, investing in shares of gold miners Centerra Gold (CGAU) and B2Gold (BTG) at their current discounted…

StockNews.com · Aug 2, 2022

3 Large-Cap Stocks Trading at a Discount Right Now

The Fed’s interest rate hikes to tame the multi-decade high inflation and increasing recessionary fears have been keeping the stock market under pressure. Hence, we think it might be ideal to invest in large-cap stocks LyondellBasell (LYB), Diamondback Energy (FANG), and Molina Healthcare (MOH), which are trading at a discount…

StockNews.com · Aug 2, 2022

3 Cheap Stocks You Don't Want to Overlook

While July turned out to be the best month for the stock market since 2020, the volatility is unlikely to abate anytime soon due to recession worries. So, it may be prudent to invest in quality stocks AstroNova (ALOT), Overseas Shipholding Group (OSG), and Rimini Street (RMNI), which are trading…

StockNews.com · Aug 2, 2022