Recession Barometer Flashes New Warning Sign as Inflation Pressures Fed Policy
Following inflation data showing worse-than-expected price increases in June, bond markets are now flashing signs of deeper investor concerns.
Following inflation data showing worse-than-expected price increases in June, bond markets are now flashing signs of deeper investor concerns.
Wall Street strategists are starting to lose faith in stock market turning around this year. Strategists retain some positivity surrounding outlook.
As recession fears swirl on Wall Street, Citi says corporate profits may surprise many later this year.
When we were younger, there was a point when someone told us that a recession was defined as two consecutive quarters of negative GDP growth.
Strategists are split over whether earnings can provide the much-needed fuel for US equities in the second half of the year.
"We can tell customers are starting to be a little more frugal about their shopping list," said Leonard, who owns seven grocery store locations.
Wells Fargo bank says the US is entering a recession in the second half of the year -- in other words, now.