A recession is worse than inflation -- why the Bank is getting this all wrong City Voices: Former Bank Governor Mervyn King scores nought out of ten Evening Standard · Jun 14, 2022
Economic recession: How would it affect the London property market and could we see a house price crash? The risks are growing that the UK could slide into a recession. But property experts predict the market will cool rather than crash Evening Standard · Jun 14, 2022
Why some of the country's top CEOs fear a recession is coming The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn. WEKU · Jun 14, 2022
ASX plunge: Here's what's happening in the Australian share market and why we're talking about recession again There are fears we could be on the verge of another global recession and investors are spooked. ABC News · Jun 14, 2022
Oil Prices Inch Lower as China COVID, Recession Worries Outweigh Tight Supply Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China outweighed tight global supplies. US West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to $120.71 a barrel at 0353… Asharq Al-Awsat · Jun 14, 2022
Asian Stocks Sink again as Inflation Panic Grips World Markets Equity markets tumbled again Tuesday to extend a global rout fueled by fears of recession, with the Federal Reserve preparing to ramp up interest rates as inflation shows no sign of slowing. Panic has swept through trading floors since data on Friday showed US consumer prices rising at their fastest… Asharq Al-Awsat · Jun 14, 2022
Treasury bond yield inversion raises worries over recession One of the more reliable warning signals for an economic recession is shining alarmingly brighter The Independent UK · Jun 14, 2022
Australian sharemarket: ASX 200 3.6pc down after recession fears wipe tens of billions from share market The Australian share market has plunged on global fears of rising interest rates in the US. Business reporter Sue Lannin unpacks what it all means. ABC News · Jun 14, 2022
ASX down nearly 4 per cent after Wall Street sell-off on inflation fears, S&P 500 falls into bear market Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession. ABC News · Jun 13, 2022
Stocks’ pandemic bull run ends with recession fear: Markets wrap U.S. stocks entered a bear market, Treasury yields spiked to levels not seen in a decade and the dollar rallied as the fallout from a hot inflation reading continued to rattle global trading already shaken by worries the Federal Reserve will plunge the economy into a recession. Tribune News Service · Jun 13, 2022
Wells Fargo Bumps Up Greif's Price Target By 3% Wells Fargo analyst Gabe Hajde raised the price target for Greif, Inc (NYSE:GEF) to $73 from $71 while maintaining the Overweight rating on the shares. The analyst increased the price target reflecting on what he believes to be the solid operational execution. Despite persistent supply chain challenges, Hajde is encouraged to see another quarter of… Benzinga · Jun 13, 2022
Wall Street recession fears ramp up as S&P 500 tumbles The S&P 500 dropped 2.4% in the first chance for investors to trade after getting the weekend to reflect on the stunning news that inflation is getting worse, not better The Independent UK · Jun 13, 2022
Hot inflation dims likelihood Fed can achieve 'soft landing' For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession The Independent UK · Jun 13, 2022
5 Safe and Cheap Stocks to Buy Amid the Market Volatility Amid the heightened volatility in the market on concerns over rising inflation and a potential recession, we think fundamentally sound stocks Anthem (ANTM), Qiagen (QGEN), Bayer Aktiengesellschaft (BAYRY), Amdocs (DOX), and McKesson (MCK), which are currently trading at significant discounts to their peers, could be wise investments now. In addition… StockNews.com · Jun 13, 2022
Daily Mirror · Jun 13, 2022 What is a recession and how long could the next UK downturn last? The Bank of England expects that the UK economy has shrunk between July and September 2022. This means the country may be in recession. But what does this mean and how will recession affect you?
Benzinga · Jun 13, 2022 Here's The Bull, Bear Case For Microsoft Stock As Recession Fears Grip The Tech Sector Microsoft Corporation (NASDAQ: MSFT) was trading about 2.5% lower in the premarket on Monday, in sympathy with the futures market, which was declining about 2.4%.
Evening Standard · Jun 13, 2022 The Standard View: A trade war with Europe is not the answer to the cost of living crisis The UK economy shrank by a larger than expected 0.3 per cent in April, heightening fears that Britain is headed for recession. City experts had been expecting output to contract by 0.1 per cent, following a similar decline in March.
Evening Standard · Jun 13, 2022 Sterling slides as all three sectors of British economy go into reverse Recession red light blinks as output fell by 0.3% including services, production and construction
Dublin Live · Jun 13, 2022 Recession Ireland: How to prepare your finances as Eddie Hobbs predicts 'firestorm' to hit very soon The Irish financial expert says 'all the signs are there' - here is how to prepare
Wales Online · Jun 13, 2022 What is a recession and what would it mean for you There are fears the UK is heading into a serious economic downturn
France 24 · Jun 13, 2022 South Korea's export, manufacturing hit as truckers' strike enters seventh day South Korea's manufacturing sector is starting to feel the impact of a week-long strike by lorry drivers. Faced with surging fuel prices, thousands of drivers are demanding the government set minimum freight rates. But first, as British households continue to grapple with a cost of living crisis, a business lobby…
The Guardian - UK · Jun 13, 2022 UK economy’s stagnation increases chances of recession Analysis: Fall in GDP in April also increases probability of 0.25-point increase in interest rates this week
The National (Scotland) · Jun 13, 2022 UK edges closer to recession as economy unexpectedly shrinks THE UK has plunged further towards financial crisis after it was revealed the economy contracted for the second month in a row in April.
Dublin Live · Jun 13, 2022 Ireland could be in recession by autumn with working people hit hardest, says Eddie Hobbs Controversial Corkman Eddie Hobbs predicts Ireland will go into economic downturn within months
Wales Online · Jun 13, 2022 UK economy shrinks by 0.3%, second monthly drop in a row "Let me be clear – we’re expecting the economy to be pretty much stagnant. It won’t take much to tip us into a recession, and even if we don’t, it will feel like one for too many people."