The Latest Breaking News from Recession

Delta's earnings come after rival American warned on profits and waning travel demand.

So far, this year has been rather turbulent for the economy, with heightened recessionary concerns. Given the economic uncertainty and slowdown in the services sector, it could be wise to avoid fundamentally weak business services stocks Viad Corp (VVI), NewtekOne (NEWT), and SuperCom (SPCB). Continue reading….

It was easy to put things on the proverbial credit card during the free money era.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

Washington (AFP) - The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical strains. 

Heightened recessionary fears amid a cooling job market and the high-profile bank failures might weigh on the stock market. However, I think fundamentally strong stocks ServiceNow (NOW) and Meritage Homes (MTH) could still be worth buying now. Read more.

A growing wave of weak economic data and recent turmoil in the banking sector deepened worries about the economy tipping into a recession this year. Amid an uncertain macroeconomic backdrop, it could be wise to avoid fundamentally weak stocks Shift4 Payments (FOUR), ChargePoint (CHPT), and WeWork (WE), with 10% or…

Heightened recessionary fears post the recent banking collapses and rising interest rates have triggered market volatilities recently. Given this backdrop, fundamentally strong aggressive stocks handpicked by hedge funds, Granite Construction (GVA) and Arhaus (ARHS), might be solid buys now. Read on….

Waiting until a recession is ‘official’ could be too late, so consider taking some steps now to set your portfolio up for resiliency.