JPMorgan Sees ‘Mild’ US Recession in 2023 on Fed’s Rate Hikes
Economists projected US will enter a “mild” recession next year thanks to interest-rate hikes. Could cost more than 1 million Americans their jobs.
Recent
Economists See US Inflation Running Even Hotter Through Next Year
Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount.
PNC: Recession to Hit in Q2 and Run Shallow Through 2023
Prepare for recession to hit in the second quarter of 2023 and last through the end of the year, says Kurt Rankin VP and senior economist for PNC.
Stocks Reap Double-Digit Returns After Inflation Peaks, History Shows
Euphoria sweeping through stock market Thursday 11-10 strong justification in history: whenever inflation peaked, double-digit gains have followed.
Bait-and-Switch Powell Puts Lights Out on Half-Hour Market Party
Powell’s Federal Reserve did something Wednesday it hadn’t done for months: say something dovish. Investors had all of 30 minutes to celebrate.
Bonds Rally With Powell’s Favored Curve Poised for Inversion
Bonds rallied amid fresh warnings that a recession is inevitable as the US central bank convenes for a two-day meeting.
Bad S&P 500 Earnings Are Playing Right Into the Fed’s Hands
Tech bulls at large took a bath, with the Nasdaq 100 slumping 2.3% Wednesday. The news didn’t help anyone hoping the economy will avoid a recession.
