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…
U.S. stocks price in recession risk more than other assets, says Citi
(Reuters) – U.S. equities have priced in the most recession risk compared with other assets, Citigroup researchers said, warning that was not enough as further losses loom in the wake of an…
Singapore’s GIC says global recession scenario possible, eyes Australia opportunities
By Praveen Menon SYDNEY (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, said it is factoring in the potential for a global recession and was prepared to…
Government bonds no safe haven in central bank-driven recession -BlackRock
By Davide Barbuscia NEW YORK (Reuters) – Government bonds may not offer much protection in a recession if surging inflation pressures central banks to continue tightening monetary policy, the BlackRock Investment Institute…
Tesla steps up job ads as recession clouds gather
By Noel Randewich (Reuters) – While Elon Musk may be worried about the economy, job openings on Tesla’s website suggest the world’s most valuable car maker is hiring employees at a quick…
Germany aiming to cushion recession without fuelling inflation -Habeck
PRAGUE (Reuters) – The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday. “We have a chance…
ECB policymakers argue for ‘restrictive’ policy despite recession risk
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank must power ahead with interest rate hikes to tame inflation and should even push borrowing costs to levels that restrict economic activity,…
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns Jack McEvoy on October 13, 2022 High oil prices that will be pushed up further by…
If there is a recession, it will be “very slight,” Biden says
(Reuters) – U.S. President Joe Biden said in an interview released on Tuesday that he did not think there would be a recession, but that if it happened it would only be…
Expect Layoffs And A Recession If Fed Doesn’t Let Up, Bank of America Exec Warns
Expect Layoffs And A Recession If Fed Doesn’t Let Up, Bank of America Exec Warns John Hugh DeMastri on October 11, 2022 If the U.S. Federal Reserve continues its policy of…
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession…
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs John Hugh DeMastri on October 5, 2022 Over 90% of CEOs at large American companies believe that…
Exclusive-Germany expects recession next year as gas crisis bites – sources
By Holger Hansen BERLIN (Reuters) -The German government expects Europe’s largest economy to slide into recession next year, contracting 0.4% as an energy crisis, rising prices and supply bottlenecks take their toll,…
Israel’s central bank chief sees rates peaking at “3%-plus” while avoiding recession
By Steven Scheer JERUSALEM (Reuters) -Israel’s aggressive interest rate hiking cycle aimed at lowering inflation was at a “well advanced” stage, Bank of Israel Governor Amir Yaron said, with price pressures starting…
Analysts cut Canadian dollar forecasts as recession risk looms: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to fall short of a September forecast for the coming year following sharp losses in recent weeks and as interest rate…
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs
Almost All CEOs Are Preparing For A Recession, More Than Half Are Considering Layoffs John Hugh DeMastri on October 5, 2022 Over 90% of CEOs at large American companies believe that…
Antofagasta CEO voices concern about recession hitting copper prices
MEXICO CITY (Reuters) – The chief executive of Chilean miner Antofagasta Plc, Ivan Arriagada, voiced concern on Wednesday that a more recessionary environment could depress copper prices, adding he expects any global…
European shares retreat amid interest rate jitters, recession fears
By Devik Jain and Amruta Khandekar (Reuters) -European shares dropped on Wednesday, snapping a three-day rally as investors tempered expectations of central banks toning down their hawkish stance on inflation, with declining…
Analysis-Global metals volumes slide on recession fears, volatile markets
By Eric Onstad and Mai Nguyen LONDON/HANOI (Reuters) – Industrial metal trading volumes have fallen across the world and may slide further as economic threats from higher interest rates to the war…
Global recession can be avoided with right fiscal policies -IMF’s Georgieva
By Aziz El Yaakoubi RIYADH (Reuters) – Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next…
Fed’s Daly: no U.S. recession needed to defeat high inflation
(Reuters) – The Federal Reserve needs to slow the U.S. economy and take the heat out of the strong jobs market to bring down corrosively high inflation, San Francisco Fed chief Mary…
Ride-hailing firm Lyft slams brakes on U.S. hiring as recession fears mount
(Reuters) -Lyft Inc is freezing all hiring in the United States through the end of the year, a company spokesperson said on Tuesday, making the ride-hailing firm the latest to pause recruitment…
Bullard: Recession a risk, but more on a global than U.S. basis
WASHINGTON (Reuters) – Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a collapse of…
Brazil does not need to fear recession abroad, strong dollar, says Guedes
(Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that Latin America’s largest economy has its own…
German economy facing recession, Ifo surveys head says
BERLIN (Reuters) – The German economy is facing recession and almost all sectors are in the red, the Ifo surveys head Klaus Wohlrabe told Reuters on Monday. Energy intensive industries are particularly…
Analysis-Credit markets see less risk of recession, earnings may challenge that
By Karen Brettell (Reuters) – U.S. high-yield corporate debt markets may be underpricing for the risk of a recession even as Treasuries and macroeconomic indicators reflect rising growth fears, but that may…
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