While the consensus may be that the U.S. is in a recession or likely to enter one in 2023, one Wall Street firm is pumping the brakes on this call for the new year. What Happened: Recession has become a word used more and more by financial experts and company CEOs during this period of high inflation. […]

Markets U.S. Markets Some investors have grown skeptical that stocks can stage an end-of-year rally Source link

Orders for aircraft are booming, but plane makers are struggling to deliver them quickly. It could be a problem if a weakening economy ends up denting appetite for travel. Source link

As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought but also the bond market’s clearest signal yet that recession and lower inflation lie ahead. Canada’s central bank says that the economy needs to slow from overheated levels in order to ease […]

Markets Streetwise They might be wrong again, but investors need a lot to go right Source link