Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession
Fed officials are making a full-court-press effort to convince investors they won’t be slashing their benchmark interest rate before year’s end.
Recent
Biggest Ever Bear-Market Bounces Create Unending Pain for Shorts
A disaster for bulls, the yearlong tumble in American stocks has in some respects been almost as rough for the other side of the trade.
JPMorgan’s Chief U.S. Economist Warns of Job Losses and Higher Unemployment Ahead
JPMorgan’s chief U.S. economist: ‘We are expecting the economy to slip into a recession’.
Why Investors Should Stop Fixating on Apple and Tesla Stock in 2023: Morning Brief
Two trading days into the new year, and 2023 is already off to a rocky start. Apple and Tesla each hit new 52-week lows on first trading day of 2023.
U.S. Consumers Have Spent More Than $1 Trillion Saved Up During the Pandemic
U.S. consumers have made a healthy dent in savings stockpiles from the pandemic. It presents a huge challenge for the economy in 2023.
Economists Place 70% Chance for US Recession in 2023
Economists say a 7-in-10 likelihood that US economy will sink into recession next year, slashing demand forecasts and trimming inflation projections.
Global Recession Risks Rise as Central Banks Raise Rates
Major central banks this week signaled their willingness to countenance a global recession in 2023.
