You Searched For "deep recession" and got 20 results
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2 mins read
European natural gas prices soar 17% after Russia says it will slash supplies to the continent, driving fears of a deep recession
Russia said it will cut supplies through the Nord Stream 1 pipeline to 20% of capacity, further bat…
Harry Robertson
2 mins read
A deep recession would be needed to bring down soaring inflation, and high prices are going to be very sticky, BofA says
"It is going to take time to cool off the labor market and even more time to lower labor cost-drive…
Phil Rosen
2 mins read
The US would face a 'deep and immediate recession' if made-in-Taiwan chips were cut off, US commerce secretary says
Although many of the chips the US uses are designed at home, the country purchases 90% of leading-e…
Huileng Tan
1 min read
Brace for a 'wrathful Old-Testament-style' central bank reaction to sticky inflation that could cause a deep US recession, says JPMorgan
"The risk of triggering a more wrathful Old-Testament style central bank reaction is on the rise," …
Zahra Tayeb
2 mins read
The Fed may raise rates by less than expected in November as the housing market is in a deep recession
The Fed may slow the pace of rate hikes to 50 basis points in November as the US housing sector is …
Carla Mozée
3 mins read
These 4 business leaders survived the 2008 financial crisis. Be flexible and 'cut deep' is their advice for getting through the looming recession.
Insider spoke to a bank CEO, chocolate shop owner and others on coping with a downturn who suggest …
Kate Duffy
2 mins read
Prepare for stocks to plummet 30% and a recession to strike any day now, legendary market prophet says
Gary Shilling, a veteran economist and money manager who called the mid-2000s housing crash, says h…
Theron Mohamed
3 mins read
The S&P 500 could crash by 30%, a recession is likely underway, and interest rates might not fall before summer, market prophet says
Gary Shilling touted Treasurys over gold, rang the alarm on corporate earnings and layoffs, and pre…
Theron Mohamed
2 mins read
Oil could plunge to just $60 a barrel if there's a deep recession next year, RBC says
Crude prices could plunge if inflation proves sticky or the Federal Reserve makes a policy mistake,…
George Glover
2 mins read
The Fed will save the stock market and cut interest rates if a deep recession occurs next year, JPMorgan says
"We believe that the Fed would be cutting rates by more than is currently priced in for 2023, thus …
Matthew Fox
1 min read
Jeremy Grantham warns a recession is still coming and the Fed is 'almost guaranteed to be wrong'
The Wall Street legend who called the 2008 crash says the US is entering a stretch of higher inflat…
Phil Rosen
2 mins read
Global economy dangerously close to a recession: World Bank
"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, t…
2 mins read
Goldman CEO David Solomon warns of stubborn US inflation, calms fears of a deep recession, and talks ChatGPT and AI in a new interview. Here are the 9 best quotes.
The banking boss expects the Federal Reserve to hike interest rates above 5%, and sees a shallow ec…
Theron Mohamed
2 mins read
Fears are growing that Russia could cut off Europe's gas supplies altogether, thrusting the continent into a deep recession
Europe's economy is already slowing. If Vladimir Putin chokes off natural gas supplies completely, …
Harry Robertson
2 mins read
Stocks are overpriced, crypto is hot air, and the 'everything bubble' will fuel a brutal recession, says Wall Street guru Jim Grant
Cheap money drove up asset prices and exposed the US financial system, paving the way for painful f…
Theron Mohamed
4 mins read
Gap between IT sector’s leaders and laggards to widen further in FY24, says Kotak Institutional Equities
The gap between the leaders and laggards in the Indian IT sector is expected to widen further in FY…
1 min read
Hedge fund billionaire Steve Cohen expects a recession to come and go quickly before a stock market rally in 2024
The billionaire investor said a downturn could be "a fake scare" that could catch investors off gua…
Phil Rosen
1 min read
Uncertainties cloud global economy, G20 must resolutely address challenges: RBI Guv
The Governor of the Reserve Bank of India, Shaktikanta Das, called for concerted action by G20 nati…
PTI
1 min read
Jeremy Grantham warns the AI boom won't stop a recession – and stocks are still likely to crash
"AI is very important. But I think it's perhaps too little, too late," the legendary investor told …
George Glover
2 mins read
Soaring natural gas prices on top of rate hikes by the ECB will send Europe into a deep recession by year-end, JPMorgan says
The bank estimates that for every €50/MWh increase on spot gas prices, headline inflation rises by …