The Latest Breaking News from Recession

It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe.

While inflation has been cooling, the jobs market remains tight. This could prompt the Fed to raise the benchmark rates more than many projected, leading to a recession this year. Amid this backdrop, investors could look to stabilize their portfolios by adding cash-rich dividend stocks Pfizer (PFE), BHP Group (BHP),…

Economy and business backdrop is grim, but the energy boom and shareholder payouts have helped

The higher-than-expected January CPI data and robust jobs market indicate that the Fed’s fight against inflation might take longer than expected, potentially triggering the much-feared recession. Amid the current macroeconomic backdrop, it could be wise to invest in quality ETFs Vanguard Developed Markets (VEA), iShares Russell 2000 (IWM), and VanEck…

Sticky inflation and looming recessionary fears might keep the cruise line industry under pressure this year. Hence, fundamentally weak cruise line stocks Royal Caribbean Cruises (RCL), Carnival (CCL), and Norwegian Cruise Line (NCLH) might be best sold short or completely avoided in 2023. Read more.

Consumers showing resiliency in the face of rising inflation have helped the U.S. GDP to come in better than expected in the last quarter. Moreover, hopes of the economy avoiding a deep recession this year are rising. The Nasdaq Composite began this year on a positive note. Hence, fundamentally strong…

The index of largest companies listed on the London Stock Exchange reaches its highest level

To survive the next two years of economic growth as predicted without tipping into a recession would be astonishing

Although favorable macro data rekindled investor optimism, the Fed’s intention of raising rates to tame stubbornly high inflation could possibly tip the economy into recession. With anxiety escalating, it would be wise to add quality stocks Johnson & Johnson (JNJ) and Bristol-Myers Squibb (BMY) to your portfolio to sail through…

The entertainment industry has been under pressure due to macroeconomic headwinds. Moreover, the industry is struggling amid the ad recession, which is marring growth. However, the industry’s long-term prospects look bright as it is evolving with new technologies. While we think fundamentally strong entertainment stock AMC Networks (AMCX) might be…

For those who think an upcoming recession spells the death knell to the high street, Pandora's CEO has one message: “The traditional physical store experience is alive and well, thank you.”