(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 […]
The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. Source link
The name’s Bond — long-dated bond. That’s my attempt to simultaneously lure Daniel Craig as an Opening Bell reader and also preview today’s newsletter. I’m senior reporter Phil Rosen, and below I’m sharing my conversation with Northwestern Mutual’s chief investment officer, Brent Schutte. He sees the bond market as this year’s best recession hedge. If […]
Markets U.S. Markets Corporate earnings, economic data fuel worries about the economy Source link
U.S. stock futures retreated, pointing to another down day for equity markets, while safer assets such as bonds and gold rose. Source link
Economists, market watchers, businesses and everyday Canadians are all asking the same question lately as inflation and interest rates take a bite out of household finances: are we headed for a recession? A majority of business owners and consumers are saying yes, according to surveys released this week from the Bank of Canada that show […]
JPMorgan Chase & Co. said Friday that its fourth-quarter profit rose 6%, boosted by interest rates that sent its core lending income to a record high. Source link
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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. […]