The Latest Breaking News from Recession

Despite widespread recession concerns, Goldman Sachs analysts believe the Fed could attain a soft landing. Moreover, many analysts expect the stock market to witness a slight rebound in the coming months. However, instead of picking high-priced stocks amid the economic uncertainty, it could be wise to invest in penny stocks…

Economy minister says ‘demand shock’ must be addressed, as economists raise fears of recession

The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment

European Central Bank sets aside recession fears to increase rates by 0.75 of a percentage point to 1.25%

I am part of a generation — Generation Z — that has a faint recollection of 9/11, if any at all. We weren’t even teenagers during the 2008 recession. And ever since, our lives have been slammed by a series of seemingly never-ending tribulations.

Recession odds are rising due to the onslaught of aggressive rate hikes by the Fed. Healthcare is conventionally considered a defensive sector. Hence, we think Johnson & Johnson (JNJ), AbbVie (ABBV), and Bristol-Myers Squibb (BMY) might be solid buys now. Read on….

Bank of England govenor Andrew Bailey sidestepped questions on whether Liz Truss’s expected energy package could spike a rise in living costs.

The Fed’s hawkish stance has increased the odds of the economy tipping into a recession. Therefore, it could be wise to avoid fundamentally weak crypto-focused stocks Coinbase Global (COIN) and Riot Blockchain (RIOT), as they are not well-positioned to survive the market uncertainties. Read on….

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

Wall Street Journal

‘It’s important that there is clear way forward on policy’, says governor Andrew Bailey on Liz Truss plan