Consumer Confidence Recovers After Three Months Of Declines Consumer expectations for future conditions still remain at a level that indicates a recession next year. International Business Times · Nov 28, 2023
13 inflation-proof stocks to buy for 2024 These companies are poised to ride the AI boom and protect investors from the impact of higher interest rates. Fortune · Nov 28, 2023
Late 2023 recession off a 'classic policy-led boom-bust cycle' is already happening, Deutsche Bank says—but AI is changing the game a bit “We think our narrative still holds,” Deutsche Bank economists warned Monday, arguing the mild recession is already “materializing.” Fortune · Nov 27, 2023
How To Use Sector Rotation In Investing Anticipating turns in the economy through sector rotation can pay off for nimble investors. Kiplinger · Nov 25, 2023
Chicago Fed prez Austan Goolsbee sees ‘golden path’ toward lower inflation without recession The head of the Federal Reserve Bank of Chicago, says the economy appears headed to a “soft landing” in which inflation returns to the Fed’s 2% target without an economic crash. Chicago Sun-Times · Nov 24, 2023
RE/MAX chairman on his 8th housing recession and settling out of the $1.8 billion antitrust verdict: ‘I’ve never seen this before in my career’ Dave Liniger on what will happen to real-estate commissions after the bombshell antitrust verdict: “I wish I could tell you; I have no idea.” Fortune · Nov 22, 2023
Hollywood ending unlikely for Jeremy Hunt, with progress on economy slow Chancellor is upbeat but there is little chance of autumn statement changing voter perceptions of Tory plan The Guardian - UK · Nov 19, 2023
Winter recession fears as retail sales hit lowest level since lockdown due to cost of living and wet weather Economists said the figures painted ‘a distinctly glum autumnal picture’ The Independent UK · Nov 18, 2023
Fall in retail sales in Great Britain signals high street recession Volumes drop 2.7% year on year in October as high interest rates and poor weather drive away shoppers The Guardian - UK · Nov 17, 2023
Wholesale inflation just had its largest monthly drop in 2.5 years: 'We got more Goldilocks today' Producer prices dropped in October in what investors hope is a sign of a long-awaited economic turnaround. Fortune · Nov 15, 2023
Morgan Stanley’s investment chief expects stocks to rise just 2% in all of 2024—but these AI-era picks and defensive plays could help investors outperform “The leading macro data suggests that we're in a late cycle market environment,” Morgan Stanley's Wilson wrote Monday, adding that it's stock pickers' world. Fortune · Nov 13, 2023
The 'R' word: Why this time might be an exception to a key recession rule The author of the 'Sahm Rule' is less worried about rising unemployment this time, even though October's rate was up 0.5% from a recent low...a jump typically associated with the onset of recession. WEKU · Nov 12, 2023
What recession? The unlikely factors shaping America's economic landscape After expanding at a red-hot 4.9%, all signs point to further, albeit slower, growth for the U.S. economy in the election year. Fortune · Nov 11, 2023
Green Light for Stocks! The late summer correction for stocks is over as we have bounced ferociously from bottom. This is easy to see as the S&P 500 (SPY) keeps leaping over technical hurdles like the 50, 100 and 200 day moving averages. This green light for stocks will stay true as long as… StockNews.com · Nov 10, 2023
Evening Standard · Nov 10, 2023 Britain's faltering economy flatlined in the third quarter Britain's economy flatlined in the third quarter of the year meaning that it will miss falling into recession in 2023.
StockNews.com · Nov 7, 2023 The Dark Side of the Recent Stock Rally Hooray! Bond rates are down and the stock market is sprinting higher including a bullish breakout for the S&P 500 (SPY). Unfortunately as we pull back to the bigger picture there could be a very negative reason for those lower bond rates. If true, then in time stocks will plummet.…
The Guardian - AU · Nov 7, 2023 Trouble brewing: Australian brewers struggle in ‘craft beer recession’ Across the country craft breweries are entering administration, hit by Covid-era debts, excise tax and rising costs
Fortune · Nov 7, 2023 Bumble undergoes a CEO shakeup as recession fears make singles forego pricey dating apps and the company's stock tanks 80% in 2 years Dating apps face major headwinds as consumers cut back due to fears about the economy.
The Guardian - UK · Nov 7, 2023 UK recession fears grow as shoppers cut spending ‘to save for Christmas’ Drop in retail sales also because of consumer worries over high energy bills and mortgages, surveys suggest
Fortune · Nov 6, 2023 Wall Street titans Larry Fink and Jamie Dimon say ‘rising fear and less hope’ are pushing the chances of a recession higher JPMorgan CEO Dimon warned that the world is facing the “most serious” geopolitical instability since 1938.
The Guardian - UK · Nov 6, 2023 UK construction output falls again; job cut fears as British Steel confirms plans to shut blast furnaces – business live UK housebuilding decreased for the eleventh month running in October, while 2,000 jobs could be threatened if British Steel replaces two blast furnaces in Scunthorpe
The Guardian - UK · Nov 5, 2023 Middle East war could spark global recession, say Wall Street experts Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession’
StockNews.com · Nov 3, 2023 SPY vs. PAPR: Bullish or Bearish? While the Fed is expected to keep interest rates higher for longer, recent robust economic data reinforced the optimism that the economy could avoid a recession. Given the market’s improving outlook, let’s determine whether investors should be bullish or bearish on large-cap ETFs SPDR S&P 500 ETF Trust (SPY) and…
StockNews.com · Nov 3, 2023 Santa Claus Rally for Stocks Came Early? Stocks have found a bottom after a nasty 3 month correction. Helping matters was statements by Fed Chairman Powell on Wednesday with stocks roaring higher ever since including a decisive break above the 200 day moving average for the S&P 500 (SPY). No doubt we want to know what this…
Fortune · Nov 2, 2023 'Bond King' Jeffrey Gundlach warns higher-for-longer interest rates could trigger the next Financial Crisis—and advises investors to ‘T-Bill and Chill’ Gundlach predicted a recession was likely to hit the U.S. within a matter of months.