The Fed needs to'kill the zombie' with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says
None Investors need to wait for a recession and accompanying rate cuts before putting more cash into stocks, Canaccord's Tony Dwyer says. • None He describes the US economy as a "zombie" that needs to be "killed" before a recovery can start. • None Under such a scenario, the Fed would leave…#noneinvestors #tonydwyer #dwyer #canaccordgenuity #cmefedwatch #greatfinancialcrisis #newyorkfed (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Fed Chair Jerome Powell Sees No Chance of a Recession While Bitcoin Gains as a Hedge
Federal Reserve Chair Jerome Powell reassured the nation, asserting a strong stance against the looming fear of recession, while Bitcoin gains as a hedge. Powell’s confidence stems from analyzing current economic data and trends, disassociating from political influences often cloud economic…#federalreservechair #jeromepowell #federalreserves #pce #jasontrennert #bitcoin #inus #bitcoingains #hedge (Source: Reuters: Health)
Source: Reuters: Health - March 30, 2024 Category: Consumer Health News Source Type: news
Are We Living in The Roaring 20s?
In March 2020, at the height of uncertainty at the outset of the pandemic, I wrote about what it took to get to the roaring 1920s. This chart sums it up nicely: Here’s what I wrote at the time: How many people at the time would have predicted during the war/pandemic/recession/depression years that…#greatwar #nvidia #jensenhuang #401k #fanduel #robinhood #bls #roaring20s #greatdepression #booms (Source: Reuters: Health)
Source: Reuters: Health - March 29, 2024 Category: Consumer Health News Source Type: news
Canada's economy grows more than expected, dodging recession
The Canadian economy has dodged a recession as gross domestic product edged up in the fourth quarter last year, primarily due to higher exports of crude oil and reduced imports, making it likely the Bank of Canada will stick to its plan of holding interest rates when it makes its next announcement…#bankofcanada #statisticscanada #andrewgrantham #cibccapitalmarkets #bankofcanadas #tdeconomics #jamesorlando #royalbankofcanada #nathanjanzen (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
Toyota Reports Global Sales Drop in February Amid Intense Competition And Production Slump
Toyota Motor Corporation TM said its worldwide sales, including Lexus, fell 6.9% in February. The decrease indicates the first year-over-year decrease in thirteen months. The monthly sales were hurt by a sharp decline in China due to the Lunar Year holidays and a recession in Japan after a safety…#lexus #lunaryear #toyota #daihatsu #hilux #noriakiyamashita #thailand #isuzumotorsltd (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
What the UK Recession Means for Rishi Sunak
UK living standards recovered to their highest level in more than two years at the end of 2023 as inflation eased and workers enjoyed bumper pay rises. Real household disposable income per head increased 0.4% in the fourth quarter of 2023, more than reversing the 0.3% drop in the third quarter,…#subscribe #bloombergoriginals #bloombergquicktake #breakingnewson (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
Poverty and birth cohort effects of experiencing the 2007-2009 Great Recession during adolescence on major depressive episodes and mental health treatment of young adults in the United States - Askari MS, Belsky DW, Olfson M, Mojtabai R, Breslau J, Keyes KM.
PURPOSE: Household economic adversity during adolescence is hypothesized to be a risk factor for poor mental health later in life. To test this hypothesis, we conducted a quasi-experimental analysis of an economic shock, the Great Recession of 2007-2009. W... (Source: SafetyLit)
Source: SafetyLit - March 28, 2024 Category: International Medicine & Public Health Tags: Age: Adolescents Source Type: news
Blow for Sunak as revised figures confirm UK did go into recession last year
Official figures have confirmed the UK economy went into recession at the end of last year, after the latest estimate found it had contracted in the last two quarters of 2023. In a blow to the government’s economic standing, the Office for National Statistics (ONS) said the economy, measured by…#rishisunak #ons #georgeosborne (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
The Latest POUND to DOLLAR News
The Impact of US Inflation on Pound-Dollar Exchange Rates Amidst UK Economic Uncertainty How does the US inflation rate impact your pound-to-dollar exchanges? And what role does the possibility of a UK recession play in the pound dollar rate? In this week’s Market Outlook, we studied the USD GBP…#marketoutlook #usdgbpforex #fxempire (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
German economic institutes cut 2024 growth forecast to 0.1% – DW
A combined report from leading economic think tanks in Germany has revised 2024 growth forecasts from 1.2% down to 0.1%. The country is also expected to dip into a technical recession after the first quarter. A group of leading economic think tanks released their six-monthly "collective diagnosis"…#diw #berlin #ifw #iwh #halle #ifo #munich #ukraine #deutschebahn #gdl (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news
Are Allocators Too Optimistic About 2024?
Despite warnings of a recession from some industry experts, allocators are by and large optimistic about where the markets are heading. “Every passing day people become less concerned about a recession,” said Mark Anson, chief executive officer at Commonfund. The optimism, according to a new…#markanson #commonfund #usfederalreserve #worldwarii #anomaly (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news
Happy-Go-Lucky Australia Is Feeling Neither Happy, Nor Lucky
For nearly three decades, Australia seemed to have a sort of get-out-of-jail card that allowed it to glide through the dot-com bust and the global financial crisis without a recession, while its citizens mostly enjoyed high wages, affordable housing and golden prospects. When a recession did…#australians #northam (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news
Child Malnutrition in Peru Driven Up by Poverty and Food Insecurity
A young Quechua mother, originally from Peru's southern Andes highlands, walks through the streets of Lima, carrying her young daughter in her lliclla (a colorful shawl made by native women in the Andes). A quarter of Peru's rural population under the age of five suffers from chronic malnutrition, clear evidence of inequality, which will have severe impacts on the rural child population. CREDIT: Wálter Hupiú / IPSBy Mariela JaraLIMA, Mar 27 2024 (IPS) Quechua farmer Felipa Noamesa, who lives in the southern Peruvian department of Cuzco, prepares a cream of fava bean soup for breakfast every morning with bread and vegetab...
Source: IPS Inter Press Service - Health - March 27, 2024 Category: International Medicine & Public Health Authors: Mariela Jara Tags: Development & Aid Economy & Trade Editors' Choice Featured Financial Crisis Food and Agriculture Headlines Health Humanitarian Emergencies Latin America & the Caribbean Population Poverty & SDGs Regional Categories TerraViva Unit Source Type: news
Will This Be the Shortest Bull Market on Record? These 2 Recession Indicators Point to Yes
Just two months ago, the new bull market became official. The S&P 500 closed at a new all-time high of 4,839.81 on Jan. 19, and the broad market index has continued to rally since then, up more than 10% year to date at recent prices. Investors have fully embraced the new bull market, driven by the…#federalreserve #yieldcurveinversion #treasury #claudiasahm #jeromepowell #greatdepression #jeremybowman #motleyfool (Source: Reuters: Health)
Source: Reuters: Health - March 24, 2024 Category: Consumer Health News Source Type: news
The inverted yield curve and the Leading Economic Index have failed as recession predictors
A version of this piece first appeared on TKer.co Stocks made new record highs, with the S&P 500 setting an intraday high of 5,261.10 and a closing high of 5,241.53 on Thursday. For the week, the S&P increased 2.3% to close at 5,234.18. The index is now up 9.7% year to date and up 46.3% from its…#sp #treasury #deutschebanks #jimreid #goldmansachs #oaktreecapitals #howardmarks #conferenceboard #lei #conferenceboards (Source: Reuters: Health)
Source: Reuters: Health - March 24, 2024 Category: Consumer Health News Source Type: news
