Tag Archives: Recession

The prospect of negotiating a debt ceiling increase with Republicans is prompting warnings of economic ruin and chaos from President Biden’s White House and Democratic leaders in the House and Senate. Democrats for days now have been fixated only on what might happen if there is no agreement to raise …

If you think the Federal Reserve wouldn’t dare keep interest rates high and risk throwing the U.S. economy into recession, Keith McCullough would like to have a chat with you. He’s convinced that 2023 will bring a U.S. corporate profit recession and a credit crunch as businesses struggle to obtain …

A stock-market paradox, in which bad news about the economy is seen as good news for equities, may have run its course. If so, investors should expect bad news to be bad news for stocks heading into the new year — and there may be plenty of it. But first, …

The CPI for November (+0.1% M/M) was milder than markets expected, which brought the Y/Y CPI inflation rate to 7.1% in November from 7.7% in October. The core CPI (ex-food and energy) rose +0.2% M/M, the smallest increase since August 2021. Excluding shelter, the Core fell -0.1% for the second …

The S&P 500 (SP500) on Friday ended the week 2.1% lower amid renewed fears of the economy sinking into a recession next year as major central banks may not ease up on rate hikes just yet. The benchmark index posted losses in three out of five sessions, with hopes of …