Cazoo to cut 750 jobs in UK and across Europe amid recession fears Online car seller says ‘business realignment’ needed to protect profits in face of tougher economic times The Guardian - UK · Jun 7, 2022
JP Morgan Sees Buying Opportunities In Alibaba And Other Chinese Stocks Citing These Reasons The 2021's deep selloff in Chinese stocks could finally be on the verge of a turnaround, Bloomberg quoted JP Morgan Chase & Co (NYSE:JPM) strategist Marko Kolanovic. Kolanovic expected the Chinese equities to have reached their turning point with ease in lockdowns, continued growth support measures, and possible relaxation in the regulatory crackdown.… Benzinga · Jun 7, 2022
Cazoo to axe 750 jobs as it fears 'possibility of recession' The online car retailer is looking to save more than £200million Wales Online · Jun 7, 2022
Ramesh Ponnuru: The Fed risks future pain if it fails to curb inflation today A consensus has formed that the Federal Reserve waited too long to start tightening money. Ben Bernanke, the former Fed chairman, has said so. Janet Yellen, another former chairman who now serves as Treasury secretary, has implicitly agreed, saying that she, like many other observers, underestimated how high inflation would… Tribune News Service · Jun 7, 2022
Mortgage rate forecast for June 2022: Recession worries may keep rates in check Many factors are putting upward and downward pressure on mortgage rates, and prospective borrowers have observed a seesaw pattern in the cost to finance a home recently. Tribune News Service · Jun 6, 2022
3 Stocks Wall Street Believes are Heading Lower Due to concerns about a potentially impending recession, aggressive federal interest rate increases, and geopolitical tensions, the benchmark equity indexes have declined this year. And Wall Street analysts expect the stocks of fundamentally weak companies Progressive Corp. (PGR), Dutch Bros (BROS), and UWM Holdings Corp. (UWMC) to decline further in… StockNews.com · Jun 6, 2022
4 Dirt-Cheap High-Yield Stocks Flying Under-the-Radar The Federal Reserve’s hawkish stance to fight high inflation is signaling a recession in the offing in the near term, which will likely sustain the stock market’s heightened volatile. Therefore, it could be wise to bet on high-yield dividend stocks to generate a steady portfolio income stream. High-yield stocks from… StockNews.com · Jun 6, 2022
Should You Buy Grocery Stocks on the Dip? Geopolitical and macroeconomic issues have caused the stock market under pressure in the last few months. Despite possessing an inelastic demand for their products, the broad-based market correction has led to a pullback in shares of grocery stocks. With looming recession fears, it could be wise to add these grocery… StockNews.com · Jun 3, 2022
Forget Big Recession-proof Stocks in Favor of Recession-slashed Small Ones Microsoft (Nasdaq: MSFT) was supposed to be the recession-proof company that would perform in an environment in which investors can no longer broadly bet on the market. Just a couple of days ago, I thought it hit a low—and maybe it did. Benzinga · Jun 3, 2022
3 Great Income Stocks to Buy in June With the rising inflation and rate hikes taking a toll, a recession seems like a real possibility. Amid such uncertainties, we think income stocks Natural Resource Partners (NRP), PT United Tractors (PUTKY), and Genie Energy (GNE) are solid investments now. StockNews.com · Jun 3, 2022
3 SPAC Stocks Down More Than 60% Since Going Public The Federal Reserve's interest rate increases to reduce inflationary pressure, and recession fears, have driven many SPAC stocks to significant price declines of late. The shares of Hims & Hers Health (HIMS), Clover Health Investments (CLOV), and BARK (BARK) have retreated more than 60% since these companies went public via… StockNews.com · Jun 3, 2022
Conor Sen: Consumers are losers in a booming industrial economy Reasons to worry about a recession are piling up: the Federal Reserve's inflation fight, a slowing housing market, warnings from retailers and venture capitalists and a smattering of layoff announcements. But one part of the labor market is sending a decidedly different signal. Goods-producing employment, which includes industries like manufacturing,… Tribune News Service · Jun 3, 2022
Elon Musk has ‘super bad feeling’ about economy and wants to cut 10% of Tesla jobs Tesla has struggled to restart production at its Shanghai factory after Covid restrictions The Independent UK · Jun 3, 2022
Recession is coming, but it's a necessary evil, PNC CEO Bill Demchak says PITTSBURGH — PNC Financial Services Group CEO Bill Demchak believes the country is headed for a recession, albeit a mild one. Tribune News Service · Jun 3, 2022
StockNews.com · Jun 3, 2022 Why the Market’s Next Move Could Be Higher Just like bull markets breed excesses and complacency, bear markets do the same but in a different way. While it's an open question of whether or not the S&P 500 (SPY) is in a bear market, there's no doubt that certain parts of the market have been in a bear…
StockNews.com · Jun 2, 2022 3 Cheap Stocks Under $10 to Buy Now Amid the volatile market backdrop owing to heightened inflation, interest rate increases, and the threat of a recession, we think it could be wise to make bet on the cheap yet quality stocks of Friedman Industries (FRD), Ultralife (ULBI), and Century Casinos (CNTY). These names are currently trading at affordable…
Benzinga · Jun 2, 2022 There's A Looming Economic Recession – What's Your Plan Of Action? Record inflation? Check. Interest rate hikes? Check. Inverted yield curves? Check. Consumer confidence index drop? Check. I believe this signals a brewing recession and some top economists think so, too. Other experts disagree.
StockNews.com · Jun 2, 2022 2 Stocks to Buy After Raising Their Full Year Outlooks Investors' concerns over the Federal Reserve's interest rate increases to combat inflationary pressures, and looming recession fears, have heightened market volatility. However, a few companies look sufficiently well positioned to withstand the current market turbulence and they recently raised their full-year outlooks. Therefore, we think it could be wise to…
StockNews.com · Jun 2, 2022 3 High-Yield ETFs for Dividend Investors The stock market has been gyrating wildly since the beginning of the year on investor concerns about multi-decade high inflation, the Federal Reserve’s interest rate increases, unabating supply chain disruptions, and the possibility of an economic recession. High-yield ETFs offer instant diversification and ensure a steady income stream amid heightened…
Bangkok Post · Jun 1, 2022 In the end, economic theories prevail I have made several dire predictions for the Thai economy this year such as high inflation, a liquidity crisis, interest rate hikes, bank collapses, a currency run, and, of course, an economic recession.
StockNews.com · Jun 1, 2022 5 Small-Cap Growth Stocks Wall Street Believes Will Double in the Next 12 Months The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…
Asharq Al-Awsat · Jun 1, 2022 World Shares Mixed after Stocks Retreat on Wall Street World shares were mixed Wednesday after a wobbly day on Wall Street closed out a month buffeted by worries about a possible recession, inflation and rising interest rates. Germany's DAX gained 0.5% to 14,465.06 and the CAC 40 in Paris advanced 0.5% to 6,497.69.
The Independent UK · Jun 1, 2022 Asian shares mixed after stocks retreat on Wall Street Shares are mixed in Asia after a wobbly day on Wall Street closed out a month buffeted by worries about a possible recession, inflation and rising interest rates
StockNews.com · May 31, 2022 Bullish vs. Bearish Market Perspectives Markets finally enjoyed some uninterrupted buying into Memorial Day weekend. Some of the major factors in this rise are the successful defense of the 3,850 level and better-than-expected inflation data. From last Monday's close to Friday's close, the S&P 500 (SPY) is up by 4.7%, while the POWR Growth portfolio…
StockNews.com · May 31, 2022 3 Stocks to Buy if You Think a Recession is Imminent Wall Street is becoming increasingly concerned about a recession. And with sky-high inflation, the Fed no longer is an ally for investors. For investors who believe that a recession is likely, here are 3 stocks to consider buying: Johnson & Johnson (JNJ), EZCORP (EZPW), and Dollar Tree (DLTR). .