Economy

Recession Fear Drives Greenback to Strongest Level Since 2020

Dollar surged to its strongest level in more than two years as growing concern about recession prompted investors to pile into haven assets.

Morgan Stanley Says US Growth Slowdown Worse Than Expected

The US economy is firmly in the middle of a slowdown that’s turning out to be worse than expected amid Ukraine war and China’s Covid Zero policy.

S&P 500 Just Had Its Worst First-Half Performance Since 1962

Bank of America lays out a multipoint ‘stagflation playbook’ to beat the volatility ahead.

Hedge Fund Confidence Remains High as Recession Fears Grow

Consumer attitudes toward the economy are nearing recessionary levels. Corporate confidence in the economic outlook has fallen.

The Bottom of the Bear Market is Still 10% Away

The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too.

Consumer Sentiment Falls to Record Low in June as Inflation Persists

Consumer sentiment hit a record low in June as Americans continued to face elevated prices for gas, food, and other goods and services.

Recession May Not be Here Yet — but Stagflation is: El-Erian

While economists debate the likelihood of a recession in the next year, the U.S. is stuck at an uncomfortable way station – stagflation.