GM, Ford confront Wall Street’s recession fears
By Joseph White DETROIT – General Motors Co and Ford Motor Co are about to replay a script they have played out many times before …
Recession
Wall Street Is Freaking Out About One Major Recession Indicator
Wall Street Is Freaking Out About One Major Recession Indicator Max Keating on July 21, 2022 Wall Street investors and economists are sounding the alarm …
For U.S. card issuers, recession worries may foreshadow a good quarter
By Niket Nishant and Manya Saini (Reuters) – U.S. card companies are likely to strike a cautious tone in their quarterly results as rising prices …
Fed to stick to 75 bps hike in July; 40% chance of recession: Reuters poll
By Prerana Bhat BENGALURU – The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its …
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its …
Explosives maker Incitec Pivot’s CEO says no signs of U.S. recession
MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at …
Big UK firms gird for a recession but still plan to invest-Deloitte
LONDON – Major British firms are preparing for a recession by focusing on cost-cutting but their investment plans remain strong which suggests they do not …
‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession
‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession Max Keating on July 15, 2022 Companies of all sizes are pointing to …
Major US Bank Sees Profits Nosedive As Recession Fears Grow
Major US Bank Sees Profits Nosedive As Recession Fears Grow Jack McEvoy on July 14, 2022 JPMorgan Chase, the largest U.S. bank, announced a 28% …
Is Warren Buffett’s interest in Occidental a bet against recession?
By Liz Hampton (Reuters) – Warren Buffett’s near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer …
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher …
U.S. recession risk up, but returns set to improve – Vanguard
By Davide Barbuscia NEW YORK – Vanguard Group, the world’s second-biggest asset manager, said on Wednesday the U.S. economy had a growing chance of falling …
Analysis-Investors wary of cheap U.S. bank stocks on recession fears
By Sinéad Carew (Reuters) – Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing …
ANTONI: Democrats Could Make A Recession Even Worse
ANTONI: Democrats Could Make A Recession Even Worse E.J. Antoni on July 9, 2022 Economic data has been pointing to a recession for months and …
ORTIZ: Biden Administration Can’t Spin Jobs Numbers To Deny Recession
ORTIZ: Biden Administration Can’t Spin Jobs Numbers To Deny Recession Alfredo Ortiz on July 8, 2022 President Joe Biden and his allies will point to …
Fed ‘united’ in inflation flight, ‘don’t know’ if recession will follow -Kashkari
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he and his fellow U.S. central bankers are “totally united” on getting too-high inflation back …
Recession? What recession? Just don’t quit before lunch!
By Timothy Aeppel and Ann Saphir (Reuters) – Jay Baker is not worried about a recession. He worries about whether his new workers will keep …
US Economy Smashes Jobs Projections Despite Signs Of Recession
US Economy Smashes Jobs Projections Despite Signs Of Recession Max Keating on July 8, 2022 The U.S. economy added 372,000 jobs in June while the …
King Dollar stands tall as recession fears churn global markets
By Saqib Iqbal Ahmed NEW YORK – A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S. dollar to …
Biden Poised To Lift Trump-Era Tariffs On China As US Economy Teeters On Recession: REPORT
Biden Poised To Lift Trump-Era Tariffs On China As US Economy Teeters On Recession: REPORT Max Keating on July 5, 2022 The Biden administration is …
Marketmind: Inflation vs recession
A look at the day ahead in markets from Dhara Ranasinghe. Yes, recession risk remains high on markets’ radar but no, there are yet few …
Global investors turn sellers in equity funds on recession fears
(Reuters) – Global equity funds faced outflows in the week to June 29, as recession fears crept higher, with major central banks looking keen to …
S.Korea’s slowest exports growth in 19 months adds to global recession fears
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore …
Powell Admits That Fighting Inflation Could Lead To Recession
Powell Admits That Fighting Inflation Could Lead To Recession Max Keating on June 30, 2022 The Federal Reserve’s efforts to tamp down on inflation may …
Reuters poll: Supply fears to sustain oil rally, trumping recession risks
By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean …
U.S. recession “more likely than not”, same for Europe – PIMCO
(Reuters) – A U.S. recession over the next 12 months is “probably more likely than not”, PIMCO’s global chief investment officer for fixed income Andrew …
Recession fears creep into ECB thinking at summer conference
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal – European Central Bank policymakers put on a brave face at their annual gathering in the hills …
Hedge funds turn tail as commodities crumble on recession rumble: McGeever
By Jamie McGeever ORLANDO, Fla. – Buy and hold, maximum long. That has basically been the strategy for commodity hedge funds for the last couple …
Russia’s Financial System Is Booming While The US Faces A Recession
Russia’s Financial System Is Booming While The US Faces A Recession Micaela Burrow on June 27, 2022 Russia’s financial system is booming in spite of …
Any U.S. recession would likely be short, shallow, IMF official says
WASHINGTON – If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may …
Reading the market tea-leaves for global recession risks
By Dhara Ranasinghe, Sujata Rao and Yoruk Bahceli LONDON – The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market …
German economy nervous, but no sign of recession for now – Ifo economist
BERLIN – Angst is growing in the German economy, Europe’s largest, but as yet there are no signs of recession, Ifo economist Klaus Wohlrabe told …
SHEFFIELD: The People That Botched Inflation Now Want You To Believe They Can Avoid Recession. Fat Chance!
SHEFFIELD: The People That Botched Inflation Now Want You To Believe They Can Avoid Recession. Fat Chance! Carrie Sheffield on June 22, 2022 Federal Reserve …
Inflation and recession dominate outlook, increase risk of accidents – PIMCO
By Davide Barbuscia NEW YORK – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and …
Growing forecasts for U.S. recession may spell more trouble for stocks
By Saqib Iqbal Ahmed NEW YORK – The Federal Reserve’s aggressive monetary policy tilt has prompted some of Wall Street’s biggest banks to ramp up …
Biden says U.S. recession is not inevitable -AP interview
(Reuters) – President Joe Biden said a recession is “not inevitable” and he is confident the United States can overcome inflation, the Associated Press reported …
Analysis-U.S. stocks’ bear market growl could beckon recession
By Lewis Krauskopf NEW YORK – The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon …
Larry Summers Puts Janet Yellen On Blast For Dismissing Recession Fears
Larry Summers Puts Janet Yellen On Blast For Dismissing Recession Fears Harold Hutchison on June 13, 2022 Former Treasury Secretary Larry Summers criticized Treasury Secretary …
Morgan Stanley CEO says 50-50 chance U.S. economy enters recession
NEW YORK – Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. …
Euro zone to avoid recession, growth to accelerate in Q3 – ECB survey
FRANKFURT – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key …
UK faces stagnation and recession risk, CBI warns
By David Milliken LONDON – Britain’s economy faces stagnation next year and could easily fall into recession, the Confederation of British Industry (CBI) warned on …
Italian industry output jump allays recession fears
By Valentina Consiglio and Gavin Jones ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a …
As Bank of Canada sprints to neutral, bets of recession climb
By Julie Gordon and Fergal Smith OTTAWA – Canada’s central bank has signaled plans to race ahead with a series of oversized hikes to curb …
StanChart CEO sees shallow and short recession by early 2023
By Divya Chowdhury MUMBAI – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven by structural cost pressures such as …
‘Recession Will Be Hard To Avoid’: World Bank Issues Dire Economic Warning, Hints At 1970s-Era Stagflation
‘Recession Will Be Hard To Avoid’: World Bank Issues Dire Economic Warning, Hints At 1970s-Era Stagflation Thomas Catenacci on June 7, 2022 The World Bank …
Column-Fed may face yield curve, recession ‘mea culpa’: McGeever
By Jamie McGeever ORLANDO, Fla. – U.S. Treasury Secretary Janet Yellen this week issued a ‘mea culpa’ on getting it wrong on inflation. If the …
DEL VILLAR: A Recession Would Spell Even More Bad News For Biden’s Off The Rails Presidency
DEL VILLAR: A Recession Would Spell Even More Bad News For Biden’s Off The Rails Presidency Clara Del Villar on May 31, 2022 The economic …
Column-Another leg lower? Markets not yet braced for recession: Mike Dolan
By Mike Dolan LONDON – One of the worst starts to a year in decades might lead you to think investors are already braced for …
Fed’s Daly says she does not expect a recession
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said the U.S. economy has a lot of momentum, and said the central …
IMF chief does not expect recession but it isn’t ‘out of the question’
DAVOS, Switzerland – International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world’s major economies but …