The Latest Breaking News from Recession

UK and US poised to fall into recession as interest rates dampen growth

Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation

The Guardian - UK · May 31, 2023

Expecting a Recession? Seven Steps to Help You Power Through

Instead of panicking, consider opportunities to add flexibility and resilience to your financial position. These steps can help you enter a potential recession from a position of strength.

Kiplinger · May 31, 2023

4 June Dates to Settle Bull/Bear Debate

The bull/bear debate may finally get resolved in June by focusing on 4 key events on the economic calendar in June. Steve Reitmeister shares his views on what happens next and why the S&P 500 (SPY retreating to October lows, or lower, is the most likely outcome. Get full details…

StockNews.com · May 30, 2023

Scoop: Dems told to say debt ceiling bill rejects GOP's "extreme demands"

"House Democrats are working responsibly to avoid a devastating default on our debt[.] Extreme MAGA Republicans are recklessly threatening a job-killing recession[.]"

Axios · May 29, 2023

'Our Chancellor looks relaxed as higher interest rates push Britain into recession'

Kevin Maguire writes that Jeremy Hunt is relaxed about plunging Britain into recession - no wonder Labour and Keir Starmer are enjoying healthy double-digit poll leads

Daily Mirror · May 28, 2023

The Fallacy of the Bullish Argument

40 year investment veteran Steve Reitmeister does not buy the bullish argument that is gaining speed as the S&P 500 (SPY) closes above 4,200. In fact, he says the set up for a serious correction and thus warns investors not to get SUCKED into this rally as the rug is…

StockNews.com · May 26, 2023

Top economist David Rosenberg says we're already in a recession, but 'nobody has noticed'

Experts widely predicted a recession, but Rosenberg says we're already in one—we just haven't been looking at the right data.

Fortune · May 26, 2023

Rishi Sunak warned over possible UK recession in 2024

High inflation likely to push interest rates above 5% and force up mortgage and loan payments just ahead of election

The Guardian - UK · May 26, 2023

Europe's largest economy has been in a recession for 6 months and nobody noticed

While the German stock exchange was busy reaching new all-time highs, consumers faced with high inflation went on strike, crippling the economy.

Fortune · May 26, 2023

UK's Treasury chief accepts that recession may be necessary to get inflation down

Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation

The Independent UK · May 26, 2023