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’.
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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.
Investors See Fed Policy Mistake Driving Hard Landing, BofA Says
Investors are concerned that too much tightening from the Federal Reserve could trigger a hard economic landing next year.
Too Good to be Bad, too Risky to be Good, Fed Managing 'Unloved' Economy
Fed now faces more subtle judgment about whether economy is strong enough to motor through even higher interest rates or is on the cusp of a crack-up.
