The Latest Breaking News from Recession

Despite rising recession odds, the GDP growth expectations for the third quarter and improved consumer in September should bode well for the stock market. Therefore, fundamentally sound stocks Coca-Cola (KO) and Energy Transfer (ET) might be great buy-and-hold options this fall. Read on….

The demand for beverages remains almost stable irrespective of economic conditions. Therefore, with increasing fears of recession amid the aggressive interest rate hikes, investing in or holding onto fundamentally strong beverage stocks such as The Coca-Cola Company (KO), PepsiCo (PEP), Ambev S.A. (ABEV), and Constellation Brands (STZ) could be wise.…

In a short report initiated April, 1 2020 with two accompanying updates, Spruce Point Capital Management warned that WD-40 Company (NASDAQ:WDFC) is widely misunderstood and believed to be defensive, but in reality faces both long- and short-term secular pressures."In April 2020 we warned that WD-40 would not be recession proof,…

The small-cap Russell 2000 lagged the market with a 0.4% gain. The Innovator IBD 50 rose over 1%.

As the incoming UK prime minister, Rishi Sunak has the immediate advantage of perceived success in his two years as chancellor.

The pandemic's effect on the commercial real estate industry and subsequent upheaval has contributed to a seismic shift in how buildings will be used, valued, bought and sold in 2023. And relative uncertainty surrounding the possibility of a global recession could further impact an already volatile industry.

Although the software industry’s long-term prospects look bright, the rising interest rate environment and the imminent recession are expected to keep software stocks under pressure. Given this backdrop, software stocks Palantir Technologies (PLTR), VTEX (VTEX), and Latch (LTCH), which have seen significant bearish actions lately, could be avoided. Read on….

London (AFP) - Britain's next prime minister, former finance chief Rishi Sunak, inherits a UK economy that was headed for recession even before the recent turmoil triggered by Liz Truss.

London (AFP) - Britain's new prime minister, set to be former finance minister Rishi Sunak, inherits a UK economy that was headed for recession even before the recent turmoil triggered by Liz Truss.