Why the economy feels so bad when experts say it’s so good “Americans have always been waiting for the other shoe to drop.” Fortune · Aug 3, 2023
After the Best Start in 26 Years, What Comes Next for Stocks? History says the market should end the year with even more gains. Kiplinger · Aug 3, 2023
Bank of England says interest rates will remain high for at least two years Policymakers vote for quarter-point rise to 5.25%, the 14th increase in a row, as Bank rules out prospect of recession The Guardian - UK · Aug 3, 2023
‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way The investment bank has been predicting a recession since the summer of 2022. A full year later, it’s having second thoughts. Fortune · Aug 2, 2023
Is There a Bubble Forming in Unprofitable Tech Stocks? Shares of unprofitable technology companies have rallied sharply this year amid rising optimism that the U.S. will avoid a recession and that the Federal Reserve will soon end its interest rate hiking campaign. A basket of unprofitable technology stocks tracked by Goldman Sachs has surged +43% since May, its best... Barchart · Aug 2, 2023
‘Erosion of governance’ led Fitch to downgrade US credit rating Trump’s efforts to overturn election and political polarization led agency to decision, says senior director The Guardian - US · Aug 2, 2023
Times are tough, but the doomsters’ predictions have been wrong so far City Comment: If you had believed the mainstream forecasters, we would already be in recession Evening Standard · Aug 2, 2023
TUC urges Bank of England to halt ‘reckless’ interest rate increases Unions say widespread job losses in recent months have left UK ‘teetering on the brink of recession’ The Guardian - UK · Aug 1, 2023
Remote work is the reason why Wall Street was wrong about a recession More people with more freedom equals more spending. Fortune · Aug 1, 2023
Ready for the Stock Market Pause that Refreshes? The S&P 500 (SPY) is up over 20% year to date. Combining that with lower inflation readings and a dovish tilt by the Fed confirms why so many investors were bullish even when recessionary storm clouds were forming. So what is the market outlook now? And what are the top… StockNews.com · Jul 28, 2023
This Sector Could Surge: Discover 3 Stocks Ripe For a Breakout This sector is ripe for a breakout as recession fears continue to wane. Barchart · Jul 28, 2023
Tech Companies More Optimistic on U.S. Economy With nearly half of the stocks in the Nasdaq 100 Stock Index ($IUXX ) (QQQ ) having reported Q2 earnings, more and more company executives are optimistic about a soft landing for the U.S. economy. According to a Bloomberg analysis, tech executives are less frequently using words like headwinds, inflation,... Barchart · Jul 28, 2023
ECB urged to pause interest rate rises amid recession fears Central bank raised rates by 0.25 percentage points in attempt to bring inflation down The Guardian - UK · Jul 27, 2023
ITV warns it is in ‘worst ad recession since financial crisis’ Broadcaster’s earnings more than halve in first half but studios business performs strongly The Guardian - UK · Jul 27, 2023
The Independent UK · Jul 27, 2023 Europe's central bank is set to pile on another rate increase. Is it the last in a record series? The European Central Bank is set to raise interest rates again Thursday
The Independent UK · Jul 27, 2023 US economy likely slowed in April-June quarter but still showed its resilience The most aggressive streak of Federal Reserve interest rate hikes in 40 years has slowed the U.S. economy
Fortune · Jul 26, 2023 Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter. "The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said.
WEKU · Jul 26, 2023 The Fed's hot pause summer gets an ice bath: Interest rates rise again After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights
Barchart · Jul 26, 2023 Can RH and Williams-Sonoma Keep Climbing? Shares of RH and Williams-Sonoma are on the mend of late, but will discretionary stocks continue to rally?
Evening Standard · Jul 26, 2023 No recession and lower rates on way, predicts mortgage giant Lloyds Bank BRITAIN’S biggest mortgage lender offered hope to the nation’s homeowners today and predicted the UK will no longer fall into recession next year.
StockNews.com · Jul 26, 2023 How to Trade the 7/26 Fed Announcement? Few events are a greater catalyst for stock price movement than Fed meetings. And the one coming up Wednesday 7/26 closely watched by investors to see if Fed officials are ready for the long awaiting “dovish pivot”. If so, then it bodes well for the recent S&P 500 (SPY) advance.…
Fortune · Jul 25, 2023 Wall Street's biggest bull says his inflation call was the main reason he's been proven right this year—but there’s also his faith in corporate America In the land of the bears, Tom Lee is the bull that had a 2023 stampede. “Corporate resilience” should never be counted out, he told CNBC.
Fortune · Jul 24, 2023 Economists were mostly dead wrong about America crashing into recession. Just look at how they’ve changed their minds Economists polled by Bloomberg said there was a 70% chance of a U.S. recession last December—now they say the odds are just 58%.
The Independent UK · Jul 24, 2023 Key question as Federal Reserve meets: Can the central bank pull off a difficult 'soft landing'? When Chair Jerome Powell and other Federal Reserve officials gather this week for their latest decision on interest rates, they will do so on the cusp of achieving an elusive “soft landing” — the feat of curbing inflation without causing a deep recession
WEKU · Jul 24, 2023 Could the U.S. still see a recession? A handy primer about the confusing economy A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.