The Latest Breaking News from Recession

Asian stock markets are mixed ahead of updates on U.S. employment amid fears of a possible global recession

Asian stock markets were mixed Tuesday ahead of updates on U.S. employment amid fears of a possible global recession

European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. The pan-regional STOXX 600 rose 0.8%, supported by consumer discretionary stocks.

IMF Managing Director Kristalina Georgieva says one-third of world’s economies expected to be in recession this year.

Britain’s recession, however, will be relatively mild, although such forecasting is a mug’s game

Singer and guitarist Robin Campbell has hit out at the Conservative Government, claiming the country is in the same bad state it was when the band formed decades ago

Central banks across the world have simultaneously hiked interest rates to tame runaway inflation in 2022. Yet the trajectory of interest-rate increases and other policy actions may not be sufficient to bring global inflation back down to levels seen before the pandemic.

The door is now shut on 2022 and the S&P 500 (SPY) faltered again to put an exclamation point on the bearish year. That is the past. Now let’s discuss the future including the best and worst case scenario for stocks in 2023. 40 year investment veteran Steve Reitmeister weighs…

The biotech industry is expected to thrive amid the increasing medical requirements and greater investments in research and development. Moreover, investor sentiment toward biotech stocks has dramatically improved in recent months as the recession possibilities are rising. As this sector is known to provide a hedge against market downturns, investors…