The Latest Breaking News from Recession

Fears of a financial system collapse due to bank failures last month is rising. Investors have been dumping shares of banks despite assurances by the financial regulators. However, this presents an opportunity for contrarian traders to buy M&T Bank (MTB), Webster Financial (WBS), New York Community Bancorp (NYCB), and Pinnacle…

With a slowing economy and increasing concerns of a potential recession, fundamentally weak stocks might see big plunges this earnings season. Hence, it might be wise to avoid Neovasc (NVCN), TFF Pharmaceuticals (TFFP), and National CineMedia (NCMI) now. Keep reading.

The major benchmarks finished with modest losses Tuesday after weaker-than-expected job openings and factory data.

The JPMorgan Chase CEO also outlined his thoughts on a potential recession in his annual shareholder letter this week, and discussed consumers’ fading savings.

The upcoming earnings season could be highly volatile in the face of uncertain macroeconomic conditions, including high inflation, rising interest rates, recent bank failures, and growing recessionary risks. Amid this backdrop, it could be wise to avoid fundamentally weak stocks TuSimple Holdings (TSP), Ra Medical (RMED), and Agrify (AGFY), which…

Central banks are seen treading carefully following the sudden collapses of Silicon Valley Bank and Credit Suisse.

Rising auto prices amidst the recessionary fears might create hurdles for the U.S. auto industry this year. Moreover, given the rise in conflict between U.S. and China, avoiding fundamentally weak Chinese auto stocks NIO (NIO) and XPeng (XPEV) could be a wise decision despite their stable monthly deliveries in March.…

The Fed’s continued rate hikes and the recent turmoil in the banking system have renewed recession fears lately. Despite growing recessionary pressures, investors shouldn’t shy away from adding fundamentally sound stock Science Applications (SAIC) to their watchlist. On the contrary, eliminating struggling stocks OncoCyte (OCX) and Flora Growth (FLGC) could…

Australians hitting the road this Easter are likely to be spared any immediate hit from a bid by the global oil cartel to boost sagging prices.