The Latest Breaking News from Recession

It was easy to put things on the proverbial credit card during the free money era.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

Waiting until a recession is ‘official’ could be too late, so consider taking some steps now to set your portfolio up for resiliency.

Goldman’s David Mericle sees “encouraging news about the prospects for achieving the gentle rebalancing of the labor market needed for a soft landing.”

There is no clear indication that the Fed would cease rate increases this year as inflation is well above its 2% goal. Persistent rate hikes and recent financial turmoil could potentially trigger a recession. At this time of uncertainty, investing in fundamentally sound REITs, Gaming and Leisure Properties (GLPI), Ladder…

Recession fears are widespread following the high-profile bank failures. Hence, fundamentally strong stocks from top industries, Albertsons (ACI), Hess Midstream (HESM), and ICF International (ICFI) that pay stable dividends might be ideal buys now. Read more.

Hong Kong (AFP) - Asian equities were mixed Monday in holiday-thinned trade after US jobs data indicated the Federal Reserve would likely have to hike interest rates again but soothed recent worries about a possible recession.

Shares are mostly higher in Asia after a report showed resilience in the U.S. jobs market

Hong Kong (AFP) - Asian equities rose Monday in holiday-thinned trade after US jobs data indicated the Federal Reserve would likely have to hike interest rates again but soothed recent worries about a possible recession.