Recession

Chris Vermeulen, Chief Investment Officer (CIO) of Technical Traders, suggests that this could result in a bear market and a challenging “reset” that might adversely affect returns for years to come. What Happened: Vermeulen highlighted the recent surge in defensive assets such as...

The ongoing struggle of the Federal Reserve to rein in inflation has raised alarms about the potential onset of a recession, according to a recent expert analysis. What Happened: An economist warned that the Federal Reserve’s aggressive measures to control inflation could unintentionally lead...

The UK’s economy has officially entered a recession, raising concerns for Prime Minister Rishi Sunak as he prepares for an upcoming election. What Happened: The Office for National Statistics confirmed that the UK’s economy experienced a slight recession in the last year. The gross...

Stocks made new record highs, with the S&P 500 setting an intraday high of 5,261.10 and a closing high of 5,241.53 on Thursday. For the week, the S&P increased 2.3% to close at 5,234.18. The index is now up 9.7% year to date and up 46.3% from its October 12, 2022 closing low of 3,577.03....

The S&P 500, which has been on a remarkable bull run, might be on the brink of a significant downturn, according to a top strategist. What Happened: Paul Dietrich, the chief investment strategist at B. Riley Wealth Management, has issued a stark warning about the future of the S&P 500. The...

Global stock markets, which have been on a record-breaking spree, may be on the verge of a correction, according to a leading research firm. What Happened: Ned Davis Research (NDR) has cautioned that the current market conditions could lead to a correction, reported Business Insider. While the firm...

Jamie Dimon, the CEO of JPMorgan Chase, acknowledged the current strength of the U.S. economy as “kind of booming," but cautioned that a recession is still a possibility. What Happened: Dimon made these remarks on Tuesday at the Australian Financial Review Business Summit, reported...

The U.S. economy might be on the brink of an unforeseen recession, according to a prominent economist, who has raised concerns about the recent spike in the unemployment rate. What Happened: The unexpected rise in the unemployment rate, from 3.7% to 3.9% in February, has sparked fears of a...

The U.S. economy is currently experiencing a peculiar situation. A crucial recession indicator has been flashing for over a year, yet the other vital component of a downturn is nowhere to be found, DataTrek Research wrote in a note. What Happened: The spread between the 10-year and three-month...

The U.S. economy’s position as the primary driver of global growth is being questioned, despite optimistic forecasts. What Happened: This concern was raised by economist Mohamed El Erian in an article he shared on X, formerly, Twitter on Tuesday. "Together, all these factors challenge...

JPMorgan CEO Jamie Dimon has expressed his concerns about the U.S. economy, warning of a potential recession and the market’s underestimation of the risks. What Happened: Dimon, speaking at the JPMorgan High Yield and Leveraged Finance Conference in Miami on Monday, cautioned that the U.S....

The stock market might be in for a prolonged period of low returns, according to a prominent Wall Street figure. What Happened: John Hussman, the president of the Hussman Investment Trust, has cautioned that the current stock market rally, driven by a “fear of missing out” (FOMO), could...

Investors looking for alternate investments to stocks during the period of high inflation and recession worries were turning to 10-year and 30-year treasuries. A money manager has liquidated treasury holdings, driven by a fresh wave of optimism about economic growth. What Happened: Investors and...

The Nikkei 225, Japan’s benchmark stock index, has hit a record high, surpassing levels last seen in 1989. This milestone comes amid a global economic shift and a resurgence in Japan’s stock market, driven by various factors. What Happened: On Thursday, the Nikkei 225 index surged by...

The stock market could experience a significant downturn of up to 30% if a recession occurs, according to a market veteran. What Happened: Paul Dietrich, the chief investment strategist at B. Riley Wealth Management, has cautioned that the current stock market is being driven by investor emotion...