The Latest Breaking News from Recession

A prominent economist now puts the risk of recession at 50 per cent, as households face the prospect of making substantial spending cuts to meet rising home loan repayments.

While the cooling price pressures have boosted investors’ sentiments this year, inflation is still far from the Fed’s target. Moreover, with recession possibilities still not off the table, quality dividend-paying stocks Gilead Sciences (GILD), Honda Motor (HMC), and Sysco (SYY) might be ideal buys now. Also, these stocks could be…

Covid has driven some changes to our relationship with the office, but recession may drive more, writes Jo Cribb

The market is at the crossroads of an impending recession or a strong recovery. Against such an uncertain backdrop, it could be wise to add quality ETFs, Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF Trust (SPY), to your retirement portfolio. Continue reading….

While consumer sentiments have been improving, there remains a possibility of longer rate hikes, which can potentially trigger a recession. However, beverage giant Coca-Cola (KO) is expected to generate steady returns considering its robust fundamentals. Moreover, the company has a long history of stable dividend payments. Hence, it could be…

Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease and gas prices continue to fall.

Kristalina Georgieva struck a positive tone in a Monday interview, arguing the resilient labor market and China's reopening will boost the U.S. economy.

While a soft landing versus a recession debate continues to intensify this year, it might be wise to diversify one’s portfolio through quality ETFs SPDR S&P 500 ETF Trust (SPY), SPDR Bloomberg 1-3 Month T-Bill ETF (BIL), and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). Read more….

Expectations of the economy avoiding a recession have been rising amid the still-tight labor market and improving consumer sentiments. However, while uncertainties remain, quality stocks Walmart (WMT), AstraZeneca (AZN), and LSI Industries (LYTS), which are Strong Buy-rated in our proprietary system, could be ideal additions to boost your portfolios. Keep…

Economic growth forecast to be 0.8% in 2023 but households still face cost of living pressures

Brussels (AFP) - Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease as gas prices have fallen, the European Commission said Monday.