U.S. GDP growth delays the long-predicted recession—again The Federal Reserve has more work to do to ease inflation—which is why so many see a recession ahead. Fortune · Apr 28, 2023
Westpac forecasts RBA is done with rate hikes, ASX finishes higher, Coles' quarterly revenue climbs — as it happened The ASX gains ground as Westpac forecasts the RBA will leave rates unchanged at its meeting next week. Look back on the day's events with our blog. ABC News · Apr 27, 2023
What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession. WEKU · Apr 27, 2023
The latest GDP numbers have economists fearing more than just a recession: ‘The U.S. might well be facing stagflation’ “This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance. Fortune · Apr 27, 2023
Growth: These 3 Stocks Continue to Grow as April 2023 Nears an End While inflation has been declining, rising fears of a recession as a result of the recent financial crisis are expected to put the stock market under pressure. Fundamentally strong stocks, such as Fast Retailing (FRCOY), Dr. Reddy’s (RDY), and Potbelly (PBPB), which look positioned for steady growth despite the headwinds,… StockNews.com · Apr 27, 2023
Why These 3 Quality Stocks Are a Safe Haven for Investors During Market Turmoil Amid the current uncertain macroeconomic environment and lingering recessionary fear, investing in quality stocks such as Sanofi (SNY), USANA Health Sciences (USNA), and FONAR Corp. (FONR) could help survive a market downturn. Read more…. StockNews.com · Apr 27, 2023
US growth cools in first quarter WASHINGTON: US economic growth lost steam in the first quarter this year, the Commerce Department said on Thursday, as the possibility of a mild recession brews while consumer spending weakens. Bangkok Post · Apr 27, 2023
How will we know if the US economy is in a recession? The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive The Independent UK · Apr 27, 2023
The U.S. economy is losing steam. Bank woes and other hurdles are to blame. The country's GDP growth is slowing as banks cut back on credit and the Federal Reserve tries to crack down on inflation. WEKU · Apr 27, 2023
US economic growth likely slowed in January-March quarter Despite surging interest rates, punishing inflation and global turbulence, the U.S. economy stood firm last year The Independent UK · Apr 27, 2023
Vanguard: The housing market downturn is ‘why we view a mild U.S. recession in 2023 as most likely’ Housing market downturns usually result in recession, says Vanguard economists. Fortune · Apr 26, 2023
Invest in Your Health and Wealth: 2 Strong Healthcare Stocks to Buy Now The healthcare industry tends to withstand uncertain macroeconomic conditions better than most other industries, as it enjoys inelastic demand for its products and services. With fears of a recession weighing heavily on investors’ sentiments, buying fundamentally strong healthcare stocks Herbalife Nutrition (HLF) and Zynex (ZYXI) could be ideal. Keep reading. StockNews.com · Apr 26, 2023
Top 3 Growth Stocks to Buy for the Long Term The stock market is expected to be under pressure this year due to recession worries. Despite the headwinds, it could be wise to buy and hold top growth stocks BorgWarner (BWA), AGCO Corporation (AGCO), and Barloworld (BRRAY) to generate solid returns in the long term. Keep reading…. StockNews.com · Apr 26, 2023
POWR Ratings: Top 3 Stocks That Have the Best POWR Ratings for Long-Term Investors Amid macroeconomic headwinds, soaring fears of an impending recession have dashed market sentiments. Considering volatilities will likely hover for quite some time, fundamentally strong stocks Valeo SE (VLEEY), SCOR SE (SCRYY), and Subaru Corporation (FUJHY), with top ratings, could be wise portfolio additions now for long-term returns. Read on to… StockNews.com · Apr 26, 2023
StockNews.com · Apr 26, 2023 3 Undervalued Stocks to Add to Your Portfolio Today Amid concerns of the economy heading into a recession, one could capitalize on stocks currently trading at a discount to its peers. Therefore, it could be wise to buy fundamentally strong undervalued stocks Mondi plc (MONDY), Nu Skin Enterprises (NUS), and Garrett Motion (GTX). Keep reading.
Barchart · Apr 26, 2023 Stocks Climb Before the Open as Strong Big Tech Earnings Overshadow Recession Worries June S&P 500 futures (ESM23) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.27% this morning as solid earnings from a couple of U.S. tech giants boosted market sentiment.
ABC News · Apr 25, 2023 ASX slips as inflation slows, Wall Street sinks on recession fears as First Republic Bank plunges 49pc The Australian share market closed slighlty lower after the latest ABS figures showed that inflation fell from its December quarter peak, while Wall Street suffered its biggest falls in a month as fears of a banking crisis resurfaced, leading to shares of First Republic Bank plunging 49 per cent overnight.
StockNews.com · Apr 25, 2023 3 Entertainment Stocks Shocking Investors by Their Tenacity Concerns of a recession later this year are expected to keep the stock market under pressure. Despite the current macroeconomic uncertainties, entertainment stocks Boyd Gaming (BYD), New York Times (NYT), and Lee Enterprises (LEE) could be worth buying. Read on to know why.
The Independent UK · Apr 25, 2023 US consumer confidence falls for 3rd time in 4 months Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households
StockNews.com · Apr 25, 2023 3 Equipment Stocks Unlikely to Recover From Pending Recession The likelihood of a recession later this year is high due to the expected interest rate hikes and the tighter credit standards. A recession will put immense pressure on the profitability of equipment manufacturers. Therefore, it could be wise to avoid fundamentally weak equipment stocks FuelCell Energy (FCEL), Solid Power…
Al Jazeera · Apr 25, 2023 South Korea’s economy barely avoids recession amid rocky outlook Asia’s fourth-largest economy grows 0.3 percent during first quarter amid improvements in exports and consumption.
Bangkok Post · Apr 24, 2023 Asian stocks fall amid fears of recession The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.
StockNews.com · Apr 24, 2023 3 Grocery Retail Giants Benefiting From High Demand for Clean Eating Despite recessionary concerns, the grocery retail industry is expected to perform well, thanks to its inelastic demand. Moreover, shifting consumer preferences towards clean eating should drive growth for BJ's Wholesale Club Holdings (BJ), Sprouts Farmers Market (SFM), and Natural Grocers by Vitamin Cottage (NGVC). So, these stocks could be worth…
Asharq Al-Awsat · Apr 24, 2023 Oil Prices Slide on Uncertainty over Global Economic Outlook, Rate Hikes Oil prices fell on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of tighter supplies on OPEC+ supply cuts. Brent crude slipped 75 cents, or 0.92%, to $80.91 a barrel by 0409 GMT, while US West Texas…
StockNews.com · Apr 21, 2023 50% Bullish vs. 50% Bearish 40 year investment pro Steve Reitmeister has a more balanced view of whether the future is bullish or bearish. This doesn’t mean to sit on your hands waiting for an outcome as there are indeed ways to actively invest at this time to top the S&P 500 (SPY). Get Steve’s…