It’s still unclear whether there will be a recession — and how serious it would be. John Linehan of T. Rowe Price sees the US staying in “economic purgatory” this year. Detailed below are seven top stocks to buy now, according to the $17.5 billion value fund manager. Despite continued strength in the labor market, […]
Big companies are announcing layoffs, home and stock prices are wobbling, inflation is squeezing household budgets and the Federal Reserve is still raising interest rates. Not surprisingly, Americans have been hearing the “R” word a lot. It’s the wrong one. The U.S. could still skirt a recession, but it is already in a richcession. That’s […]
David Rubenstein predicted stubborn inflation and warned recession fears can freeze markets. The Carlyle billionaire forecasted a rebound in dealmaking after a muted year in 2022. Rubenstein touted the private equity’s industry track record and global growth opportunities. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while […]
The US economy will suffer a recession that could hit stock prices, Steve Hanke warned. The veteran economist sees inflation tumbling and the Fed cutting interest rates later this year. Hanke flagged the shrinking US money supply as the key reason why a recession lies ahead. Loading Something is loading. Thanks for signing up! Access […]
(RTTNews) – Eurozone investor confidence strengthened to hit an 11-month high in February, replacing recession expectations with signs of stagnation, a closely watched survey showed Monday. The investor sentiment index improved to -8.0 in February from -17.5 in January, the behavioral research institute Sentix said. This was the highest reading since March 2022. With the […]
Experts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession. The Canadian dollar recently rose to its highest level in more than two months against the U.S. dollar, which gained strength Friday after a stronger-than-expected […]