Inflation: Customers ‘Are Starting to be a Little More Frugal,’ Stew Leonard’s CEO Says
"We can tell customers are starting to be a little more frugal about their shopping list," said Leonard, who owns seven grocery store locations.
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US Recession Is Already Here, According to Wells Fargo Investment Group
Wells Fargo bank says the US is entering a recession in the second half of the year -- in other words, now.
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.
Citi Lowered its S&P 500 Target. That Doesn’t Mean to Avoid Buying Stocks.
Buying the market now could still pay off, even though strategists are more pessimistic about the outlook given continued economic uncertainty.
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.
