Tag: Recession

Hold That Recession: U.S. Indicators Are Trouncing Forecasts

(Bloomberg) — The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released
— Read on ca.finance.yahoo.com/news/hold-recession-u-indicators-trouncing-090000240.html

Powell Waves Off Recession Fear While Leaving Rate Cuts on Table

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Federal Reserve Chairman Jerome Powell pushed back against perceptions that the U.S. economy was tilting into a recession, while leaving the door open to further interest-rate cuts to keep
— Read on ca.finance.yahoo.com/news/powell-waves-off-recession-fear-090000127.html

Hong Kong Faces Worst Earnings Recession Since 2008 Crisis

(Bloomberg) — Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them.After a sell-off erased more than $600 billion from the city’s equities, attractive valuations stood as a potential bright spot. But those multiples don’t look so good when analysts
— Read on ca.finance.yahoo.com/news/hong-kong-faces-worst-earnings-200000471.html

Economists survey: 34% expect a US recession in 2021

WASHINGTON — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.Thirty-four per cent of economists surveyed by the National Association for Business Economics
— Read on ca.finance.yahoo.com/news/economists-survey-34-expect-us-040523727.html

Recession Fears Spike to 2011 High as Risk of Bubbles Spreads

(Bloomberg) — Recession fears are spreading among investors at a time when valuations across major assets are looking dangerously stretched following years of monetary stimulus, the latest Bank of America Corp. survey shows.About a third of asset managers polled believe a global recession is likely
— Read on ca.finance.yahoo.com/news/recession-fears-spike-2011-high-100629868.html

Germany Is Flirting With Recession After Investor Confidence Falls

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Investor confidence in Germany’s economic outlook worsened for a fourth month after a string of disappointing figures raised recession risks.Europe’s largest economy probably contracted in
— Read on ca.finance.yahoo.com/news/germany-flirting-recession-investor-confidence-090539719.html