UK to dodge recession, but one in four families will struggle with bills – Niesr Niesr predicts that UK growth will remain close to zero throughout 2023, but avoid a technical recession. The Independent UK · Feb 8, 2023
The former top economist for Merrill Lynch says that stocks could plunge another 30%: 'The recession’s just starting' David Rosenberg, former economist at Merrill Lynch, thinks the recession is just getting started, and investor outlook compared to their positioning is mismatched. Fortune · Feb 7, 2023
Biden May Dream of 6 More Years, but His Three Closest Comps Never Got There What we can learn from the State of the Union addresses by Jimmy Carter in 1979, Richard Nixon in 1971, and JFK in 1963 Reason · Feb 7, 2023
The CEO contradiction: Corporate leaders are afraid of a recession but nearly 70% plan to hire more people this year While most CEOs are preparing for a recession, they’re also hoarding talent. “Employees may be able to breathe a sigh of relief,” says Dana Peterson, the Conference Board’s chief economist. Fortune · Feb 7, 2023
3 Stocks That Are Ready to Explode Higher in 2023 Cooling inflation and a tight labor market have raised optimism that the economy might avoid a recession. As the global economic outlook turns optimistic, it could be wise to add quality stocks with solid fundamentals, Marathon Petroleum (MPC), HF Sinclair (DINO), and Overseas Shipholding (OSG), which look well-positioned to soar… StockNews.com · Feb 7, 2023
Economists say recession still possible as rates bite As the Reserve Bank weighs up further rate rises, there are concerns domestic and global factors could stall Australia's economy. AAP · Feb 7, 2023
2 Stocks to Buy as Inflation Fears Fade Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong… StockNews.com · Feb 7, 2023
‘Big Short’ hedge funder says he thinks we’re headed for a ‘run-of-the-mill’ recession—but the bigger ‘paradigm shift’ is really on his mind Steve Eisman says some market paradigms get deeply embedded in people’s minds. “They can’t even imagine, at times, that there could be anything else.” Fortune · Feb 6, 2023
2 Millionaire-Maker Stocks to Buy Now Investors’ sentiments improved in recent weeks amid the steady cooling of inflation, the Fed’s downshift on tightening, and easing recession fears. Additionally, a strong job report suggests economic resilience. Amid this, investors should invest in quality stocks Coca-Cola (KO) and Archer-Daniels-Midland (ADM), which possess solid long-term potential. Keep reading…. StockNews.com · Feb 6, 2023
2 Stable Stocks You Can Buy Now for Under $100 Despite the recent positive macro data, the recession possibility remains as the Federal Reserve is expected to keep hiking rates until its target is met. So, dividend-paying healthcare stocks Novartis (NVS) and Takeda Pharmaceutical (TAK) could be stable investment options to safeguard your portfolios. These stocks are trading under $100.… StockNews.com · Feb 6, 2023
The Treasury secretary says the red-hot labor market means the U.S. can avoid a recession: ‘You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years’ “The country has been through a lot…But really we have a strong and resilient economy,” Yellen told ABC. “And inflation is coming down.” Fortune · Feb 6, 2023
IMF: U.S. economy might yet manage to pull off a soft landing and avoid recession Treasury Secretary Janet Yellen also downplayed the risk of the U.S. economy contracting: “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years.” Fortune · Feb 6, 2023
3 Penny Stocks to Buy This Week for Under $1 Despite inpouring favorable macro data, the Federal Reserve is anticipated to continue rate hikes at a slower pace until its 2% inflation target is achieved. With experts expecting a recession in the near term, investors can scoop up quality, inexpensive penny stocks trading under $1, VEON Ltd. (VEON), Gran Tierra… StockNews.com · Feb 6, 2023
Return to office helps avert U.S. recession: Gary Cohn “Think about people going back into the office," said Gary Cohn on Sunday. "They need people to work in the buildings." Fortune · Feb 6, 2023
The Guardian - US · Feb 6, 2023 Lipstick sales, packed lunches, strippers’ tips: the unlikely signs of recession In an unusual moment for the US economy, analysts look for hidden signals of consumers’ worries
Birmingham Post · Feb 6, 2023 March Budget 2023: 'UK recession can be shallow and inflation can fall but chancellor must create confidence' - CBI Tony Danker, director general of the CBI, says it is 'urgent' the government creates the right environment for investment
The New Daily · Feb 5, 2023 Higher rates, falling home prices and real wages, but no recession: Economists’ forecast for 2023 Higher interest rates, falling home prices and real wages, but no recession. The economic forecast from top financial experts.
The Conversation · Feb 5, 2023 Higher interest rates, falling home prices and real wages, but no recession: top economists' forecasts for 2023 Australia’s Reserve Bank is set to push up rates once again at its first meeting for the year on Tuesday, according to all but two of the 29 leading economists surveyed by The Conversation at the start of 2023.
The Guardian - UK · Feb 5, 2023 We’ve avoided recession for now, but the outlook is one of perma-gloom December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades
StockNews.com · Feb 4, 2023 Bullish or Bearish or BOTH??? The stock market (SPY) is becoming more complicated by the day. Bulls make a good case given the recent rally. But so do the bears given the clear weakness in the economy pointing to recession. Who is right? And how best to trade the market in the weeks and months…
The Independent UK · Feb 4, 2023 State of the Union: Biden sees economic glow, GOP sees gloom Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with a glowing economic future
WEKU · Feb 4, 2023 Markets are surging as fears about the economy fade. Why the optimists could be wrong The markets have rallied this year as investors believe inflation will continue to ease and that the economy will avoid a recession – but it could end in tears.
The Texas Tribune · Feb 3, 2023 Texas is well-positioned to weather a potential national recession, Dallas Fed economist says Despite worries of a national recession, Texas’ robust labor force and strong energy sector could help it fare relatively well in a potential 2023 slowdown.
StockNews.com · Feb 3, 2023 3 Stocks to Stay Far Away From in 2023 Rejoiced by the optimism flowing in the market, the stock market has rallied recently. However, market experts expect the sizzling rally to end, as recession risks have only been postponed. Given this backdrop, investors should stay away from fundamentally weak stocks Uber Technologies (UBER), Snap Inc. (SNAP), and Peloton Interactive…
The Independent UK · Feb 3, 2023 FTSE 100 hits record high as recession fears ease Index tops previous high set in 2018