Europe will suffer an even deeper recession than Deutsche Bank predicted, its strategists said. Russia’s indefinite shut-off of a key natural gas pipeline has intensified Europe’s energy crisis. That bodes ill for Europe’s economy, and a very cold winter will make things worse, they said. Loading Something is loading. The recession facing Europe will be […]
The stock market is almost always late to wake up to the threat of recession, but it’s increasingly hard to miss the warnings from the Federal Reserve. Not only might there be a recession, but the Fed has no intention of stepping in to save investors this time. The problem is one I’ve been banging […]
Greg Jensen warned the Fed’s rate hikes could spark a market downturn and a deep recession. The Bridgewater Associates boss predicted stubborn inflation, slower growth, and weaker earnings. Jensen said the US is at the center of a global financial bubble that may be about to burst. Loading Something is loading. Investors are delusional if […]
With high inflation and recession fears looming, many may have to assess and change their financial goals. Keep yourself marketable and connected so if you have to find a new job, you are ready. Now is the time to really start saving money and shopping around and taking advantage of sales. Given the current uncertainty […]
Another turbulent week in oil markets carried crude prices to their lowest point since January, with thin trading and a blurry outlook for supply and demand driving a fitful 30% decline from this year’s highs. A 5.9% gain since Wednesday notwithstanding, the main U.S. oil benchmark has shed about $35 a barrel since peaking above […]
Real estate is often touted as a trusty hedge against high inflation, but that may be changing. Soaring prices, rising interest rates, and a potential recession are reshaping the US industry. Two Goldman Sachs real-estate experts revealed where they see upside for investors, on a recent podcast. Loading Something is loading. Real estate is often […]
OPEC+ agreed Monday to cut oil production for the first time in over a year, delegates said, saying it should pull back about 100,000 barrels a day amid fears of a global recession and more Iranian crude coming to the market in the event of a revived nuclear deal. The move shows how worries over […]
Shoppers are changing their behavior as the US braces for the possibility of a recession. Dollar stores and value-focused brands like Walmart, Costco, and Burlington stand to benefit. But higher-end department stores and mid-range brands, already seeing slower sales, could take a hit. Loading Something is loading. Some of America’s best-known retailers may have a […]
We ran the numbers for seven recessions, and found a big difference between what fared well in the period leading up to recessions and during the recessions themselves Source link
A housing market recession is here, according to the National Association of Realtors. Home sales have fallen for six straight months, even as home prices remain high. Top economist Lawrence Yun shared his real estate outlook for the rest of 2022. Six straight months of sliding home sales means that the US housing market is […]