Economic Growth/Recession

The Housing Market Is in Recession. What It Means for Buyers.

The Housing Market Is in Recession. What It Means for Buyers.

Text size Homes in Hercules, Calif. The Bay Area is seeing home-price growth stall. David Paul Morris/Bloomberg In a matter of months, the pandemic’s red-hot housing market has chilled, recently entering what some economists have called a housing recession. The slowdown will contribute negatively to the economy but could present opportunities for some buyers who …

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U.S. stocks climb as strong economic data lifts sentiment ahead of Powell speech

U.S. stocks climb as strong economic data lifts sentiment ahead of Powell speech

U.S. stocks advanced on Thursday with the main benchmarks headed for back-to-back gains following a batch of strong economic data as investors waited to hear from Federal Reserve Chairman Jerome Powell. How stocks are trading S&P 500 SPX rose 18 points, or 0.6%, to 4,163. Dow Jones Industrial Average DJIA advanced 22 points, or 0.1%, …

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JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year already has exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’s equity quant Marko Kolanovic. While more Wall Street analysts …

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Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo …

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How to Keep Your Job, or Find a Better One, if There’s a Recession

How to Keep Your Job, or Find a Better One, if There’s a Recession

The job market is still really hot. But concerns about the economy have many people wondering if their jobs are secure enough to survive. In the past week, Tesla said it would lay off 10% of its white-collar workers and there have been layoffs and hiring freezes or slowdowns at Netflix, Carvana and Robinhood, among …

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The Bear Market Could Drive the Economy Straight Into Recession

The Bear Market Could Drive the Economy Straight Into Recession

Text size Traders working at the New York Stock Exchange, Monday, June 13, 2022. The last thing the U.S. economy needs is a drop in consumer spending driven by market declines, writes Desmond Lachman. NYSE About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was formerly a deputy director …

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Tightening of financial conditions accelerates, recession fears grow as May CPI report becomes multi-day trading event

Tightening of financial conditions accelerates, recession fears grow as May CPI report becomes multi-day trading event

Financial markets convulsed on Monday as investors considered the prospects of U.S. inflation accelerating, not decelerating, after the release of May’s consumer-price index report. Signs of the sentiment shift since Friday’s data release were evident in the fast-paced tightening of financial conditions, plus an outlook for more aggressive Federal Reserve rate hikes. Gains in the …

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