Top Wall Street Economist Delivers Grim Prediction On Future Recession
Top Wall Street Economist Delivers Grim Prediction On Future Recession Harold Hutchison on February 15, 2024 Andrew Hollenhorst, chief U.S. economist at Citi, predicted on CNBC Thursday that the American economy is…
Pain trade or same trade? Investors refuse to fold on recession bets
By Naomi Rovnick, Marc Jones and Alun John LONDON (Reuters) – It was not meant to be this way. The big trades championed at the start of 2023 look redundant thanks to…
Marketmind: UK data deluge and the run-up to recession
A look at the day ahead in European and global markets from Vidya Ranganathan A big bunch of numbers is due out of Britain today – GDP, industrial output, construction – and…
Economists Warn of Coming ‘Recession’ Due To This Overlooked Warning Sign In Latest Jobs Report
Economists Warn of Coming ‘Recession’ Due To This Overlooked Warning Sign In Latest Jobs Report Will Kessler on July 11, 2023 Experts are sounding the alarm on the recent jobs numbers after…
Analysis-New Zealand, in recession and heading to polls, goes pragmatic on China trade
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as leader, focusing on trade and economic opportunities…
German recession to end in Q2 with slight GDP rise – Bundesbank
BERLIN (Reuters) – Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly report on Monday, adding that gross domestic product would “rise slightly” in…
Recession risk, rate rises drive down private equity deal volumes to 4-year low
By Patturaja Murugaboopathy (Reuters) – Dealmaking by private equity firms hit its lowest in four years, under pressure from high interest rates, recession fears, and a weak outlook for corporate earnings, although…
Labor Market Flashes ‘Reliable’ Recession Warning
Labor Market Flashes ‘Reliable’ Recession Warning John Hugh DeMastri on June 19, 2023 U.S. employees are working fewer hours, which is a reliable predictor of mass layoffs, as companies brace for an…
U.S. Bancorp CEO says economy heading for “moderate” recession
(Reuters) – U.S. Bancorp’s Andy Cecere forecast a “moderate” recession that would be short and “not very deep in terms of severity,” CEO of the lender said at a conference on Tuesday.…
New Zealand’s economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the country into a technical recession in the first quarter, a Reuters poll…
Recession risks still loom for markets calmer after banking turmoil
(Reuters) – The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on…
‘Much Worse Than Expected’: CNBC Anchor Points Out Key Jobs Data Hinting At Possible Recession
‘Much Worse Than Expected’: CNBC Anchor Points Out Key Jobs Data Hinting At Possible Recession Jason Cohen on June 2, 2023 CNBC anchor Kelly Evans reacted to a jobs report released Friday…
Yellen warns US default could trigger recession, ‘break’ financial markets
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions of Americans without income payments, potentially triggering a recession that destroys many…
Anti-inflation fight may spur recession, investment opportunities -BlackRock
NEW YORK (Reuters) – Central bank efforts to tame inflation could spark a recession and market selloff that later this year or in 2024 leads to investment opportunities, the BlackRock Investment Institute…
Standard Chartered CEO says big U.S. recession unlikely
By Yousef Saba DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Monday he sees a big recession in the United States as unlikely, although a period of negative growth…
ALFREDO ORTIZ: Biden’s Economy Hurtles Toward Recession With Latest Jobs Report
ALFREDO ORTIZ: Biden’s Economy Hurtles Toward Recession With Latest Jobs Report Alfredo Ortiz on May 5, 2023 Today’s jobs report shows the downward slide of the labor market continues, with the number…
Bond investors fearing recession, boost safety bets ahead of FOMC
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, fearing a recession is around the corner and preparing for an end of the Federal Reserve’s tightening cycle, have embraced the safety of…
Wall Street Week Ahead: Recession worries simmer beneath US stock market rally
By Lewis Krauskopf NEW YORK (Reuters) – Economically sensitive areas of the U.S. stock market are flashing warnings over growth, even as major equity indexes edge higher. The S&P 500 is up…
Global elite heads to Milken event to talk banks, rates and recession
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – When Wall Street investors, dealmakers and chief executives meet in Beverly Hills next week to strategize on how to make money given…
Marketmind: US recession worries weigh in Asia
A look at the day ahead in European and global markets from Kevin Buckland Europe wakes up to more weakness in equities after stock markets across Asia took cues from Wednesday’s slump…
Marketmind: South Korea to avoid recession … just
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As world markets tread water ahead of U.S. mega-tech earnings and the Bank of Japan…
Investors turn net sellers of global equity funds on recession fears
(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to tame inflation led to outflows from global equity funds in the week…
Exclusive-Fed’s Bullard discounts recession talk, favors more rate hikes
By Howard Schneider ST. LOUIS (Reuters) – The U.S. central bank should continue raising interest rates on the back of recent data showing inflation remains persistent while the broader economy seems poised…
Tighter lending seen bringing mild recession later this year-Vanguard
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy into a shallow recession in the second half of this year, bolstering…
Fed’s Goolsbee says mild U.S. recession feasible
(Reuters) – A U.S. recession is certainly feasible as the Federal Reserve’s steep rate-hikes over the past year filters fully through the economy, Chicago Fed President Austan Goolsbee said on Friday, as…
Factbox-Wall St banks expect one more Fed rate-hike as recession looms
(Reuters) – Most major U.S. banks expect the Federal Reserve to raise interest rates by another 25 basis points next month, following evidence of sticky inflation and a strong labor market. The…
Breaking News
