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The Latest Breaking News from Recession

3 Athletic Stocks to Buy in 2023 And 1 to Sell Short

Sports and athletics market is expected to witness steady growth amid increasing health awareness and government initiatives. Moreover, experts believe the sports industry is poised to weather a potential recession. Therefore, it could be wise to add quality athletic stocks Brunswick (BC), MasterCraft Boat Holdings (MCFT), and Gaia (GAIA) in…

StockNews.com

The UK may avoid a recession for now but it won’t feel like it for many

Jeremy Hunt is not getting carried away by November growth, and monthly GDP moves can be erratic

The Guardian - UK

FTSE 100 Live: GDP beats expectations, blue-chip index near record

A surprise rise in GDP for November today boosted hopes that the UK can still avoid a slide into recession.

Evening Standard

From analysis to the latest developments in health,
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World Cup helps net UK growth boost as economy unexpectedly grew by 0.1% in November

Latest GDP figure beats expectations in surprise boost to the economy

Evening Standard

2 Dividend Kings to Buy for 2023

Although inflation slowed in December, concerns of a recession weigh heavy on investors’ sentiments as the Fed plans to continue raising interest rates this year. Therefore, to hedge one’s portfolio against recession, investors could add PepsiCo (PEP) and Colgate-Palmolive (CL) to their portfolios due to their strong fundamentals and steady…

StockNews.com

2 Grocery Stocks to Buy for a Potential Recession

After easing for two consecutive months in October and November, inflation cooled off further in December. Moreover, given the inelastic demand for their products, grocery stocks could perform better during economic turmoil. Therefore, buying fundamentally strong grocery stocks, Walmart (WMT), and Albertsons Companies (ACI) could be wise. Let’s discuss this.

StockNews.com

3 Large-Cap Stocks Worth Buying in 2023

With the Fed signaling to continue raising interest rates throughout this year, the probability of the economy tipping into a recession is increasing. Amid the macroeconomic unrest, fundamentally sound large-cap stocks UnitedHealth Group (UNH), Walmart (WMT), and Eli Lilly (LLY) might be safe investments this year. Read on….

StockNews.com

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3 Stocks Investors Should Pour Their Money Into in 2023

While inflation has been showing signs of cooling recently, it is still far beyond the Fed’s target rate. Consequently, the Fed is expected to keep raising the interest rates for some time, fueling the chances of a global recession. Therefore, it could be wise to invest in well-performing stocks Pfizer…

StockNews.com

Recession fears fall as M&S and Tesco boom over Christmas

FRESH hope that the UK could narrowly avoid a recession arrived today in the form of bumper Christmas trading figures from both Tesco and Marks & Spencer.

Evening Standard

11 stocks that should be on your radar in the new year

Investing for recession and recovery is the best strategy going into 2023, according to BofA's team.

Fortune

A winning stock strategy in 2023? Steady not sexy

The best stocks to buy now fall into 3 unloved sectors: banking, defense, and health care.

Fortune

World 'on brink' of recession

WASHINGTON: The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies, Russia's war in Ukraine continues, and the world's major economic engines sputter.

Bangkok Post

The 3 Best Stocks to Buy Right Now With $20

The present stock market looks choppy due to multiple factors, including the Fed’s interest rate hikes and recession fears. However, this period of uncertainty could offer the opportunity to load up on fundamentally strong stocks Stellantis (STLA), AudioCodes (AUDC), and Ooma (OOMA), which are trading under $20, to garner returns.…

StockNews.com

3 ETFs to Stock up on in 2023

Cooling inflation raised investor optimism, but the Fed is likely to continue its rate hikes in 2023. Also, equities are anticipated to remain under pressure amid fears of recession this year. Hence, quality ETFs Vanguard Consumer Staples (VDC), ProShares Short S&P500 (SH), and Invesco Dynamic Large Cap Value (PWV) might…

StockNews.com

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StockNews.com

The 4 Most Attractive Long-Term Stock Picks

With the Fed expected to keep rates higher throughout this year, the odds of the economy tipping into a recession are rising. Amid ongoing macroeconomic uncertainties, investors may consider buying companies with reliable performance over the years for solid long-term returns. To that end, Pfizer (PFE), Johnson & Johnson (JNJ),…

Fortune

55% of CEOs say the looming recession will be worse than the global financial crisis

CEO sentiment is growing increasingly sour.

The Independent UK

Asia stocks echo Wall Street rally as inflation report looms

Asian shares are trading higher, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports scheduled for later in the week

StockNews.com

Are Stocks Stuck in a Trading Range til February?

The S&P 500 (SPY) seems to be rising once again. However, there are several reasons to consider before joining the bull party. In fact, Steve Reitmeister, CEO of StockNews.com, provides many reasons to consider doubling down on bearish bets with more downside soon on the way. Read on below for…

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ABC News

ASX gains despite higher inflation, job-vacancies dip, and World Bank warns of looming recession — as it happened

The cost of living continues to climb and employers are still scrambling to find workers, but the Australian share market has jumped 1 per cent thanks to big miners and a rise on Wall Street.

StockNews.com

4 Stocks You Should Be Eager to Buy in 2023

The Fed’s constant rate hikes have caused significant market volatility and increased recession fears. However, the Fed might slow the pace of hikes in the near term. While uncertainties remain, we think investors could consider buying fundamentally solid stocks McKesson (MCK), Molina Healthcare (MOH), Progress Software (PRGS), and Universal Logistics…

The New Daily

World Bank warns of trigger to global recession as economies on the brink

The world is teetering on the brink of recession — the first time in more than 80 years that two global recessions have occurred within the same decade,

Fortune

The industries where you're most likely to be laid off as a recession looms

Tech layoffs have been making headlines, but that's not the industry with the highest level of layoffs in recent months.

StockNews.com

2 of the Safest Stocks to Buy in 2023

The Fed expected to continue with its rate hikes, and looming recession fears should keep the market under pressure in the near term. Amid widespread volatility, investors could consider buying quality dividend-paying stocks Procter & Gamble (PG) and Humana (HUM). Keep reading….

Fortune

Jamie Dimon rattled the markets last year by comparing the coming recession to a 'hurricane.' Now he says it's just some 'storm clouds'

JPMorgan Chase CEO Jamie Dimon says he shouldn't have used the word "hurricane" to describe what lies ahead for the U.S. economy last year, but adds that there still are "storm clouds" and "heightened uncertainty."

Tribune News Service

Cost of doing festivals, concerts and tours soared in 2022, a year of big profits and daunting challenges, including COVID

SAN DIEGO — Was 2022 an extraordinarily profitable year for festivals, concerts and tours by bands and solo artists? An extraordinarily costly one? Or both? And with concerns about a possible recession or new COVID surge, what is the outlook for this new year?

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