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Tag Archives: recession

Why is it too early for nervous investors to embark on a recession?

The choppy action points to the deep uncertainty in the financial markets. Is this just a soft spot, like the many others that have survived decades of economic expansion? Or is that something serious? Jeffrey Sherman, DoubleLine Capital's Deputy Chief Investment Officer, urges investors to be cautious before making any hasty moves – in both directions. "It's too early to …

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More Chinese tariffs could drive the US into trump recession: CTA Shapiro

The US economy could fall into a "trump recession" if Washington complies with its threat of raising new duties on Chinese worth billions of dollars, said the president and CEO of a US trading organization on Tuesday. 19659002] Speaking to CNBC at the CES Asia Technology Conference in Shanghai, Gary Shapiro of the Consumer Technology Association described tariffs as "an …

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Global recession fears increase with decreasing factory activity

LONDON / HONG KONG (Reuters) – The decline in factory activity in Asia and Europe last month as a result of an escalating trade war between Washington and Beijing has led to fears of a global economic downturn and pressure on policymakers to provide further incentives. An engineer is building a bracer for residential buildings in a metalworking factory in …

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Economists polls say fears of recession in the US are increasing

This is the main finding of a report released Monday by the National Association for Business Economics. The poll, based on responses from 53 economists, is a leading barometer for the US economy's assessment that the economy is on track. "Increased trade protectionism is seen by the majority of respondents as the primary downside risk to growth," said Gregory Daco, …

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US Stock Futures and Oil Slip As Trade Wars Trigger Global Recession Anxiety By Reuters

© Reuters. A man riding a bike looks at an electronic board showing the Japanese Nikkei average outside a brokerage firm in Tokyo lows on Monday amid concerns that exacerbate Chinese-American tensions and Washington's new tariff threats Mexico could drive the global economy into recession. The S & P500 miniature E-mini futures fell 0.5% in early Asian trading to 2,738 …

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Retail apparel revenues have not been so bad since the recession

A customer is browsing through jeans at a Gap store in San Francisco. David Paul Morris | Bloomberg | Getty Images Clothing retailers' earnings reports have been less disappointing since the Great Recession. Companies from Gap Inc. to J. Jill to Canada Goose and Abercrombie & Fitch have delivered disappointing earnings reports in recent days, blamed on issues such as …

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Worldwide fears of recession hit stocks, bonds recover From Reuters

© Reuters. A Passerby Passes a Stock Exchange in Front of a Broker in Tokyo By Swati Pandey SYDNEY (Reuters) – Asian stocks fell on Wednesday, and bonds rallied as investor sentiment over growing world growth worries over trading The tensions between the United States and China showed no signs of relaxation. MSCI's broadest index of Asia Pacific equities outside …

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Older Americans registered a 40-point decline in their credit rating in the decade since the Great Recession

It's been more than 10 years since the Great Recession put Americans under pressure, and some people's credit ratings are better than others. For all ages, the average for 2018 was 680, still five points below the 2008 average. However, that's only half the story. A decade after the collapse of the real estate market, some people's credit ratings recovered …

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