Page 2 - Us Recession
US markets could head lower as earnings downgrades pick up pace: Chris Wood
Corporate earnings in the US, meanwhile, are likely to be under pressure amid recession fears. Analysts have already started cautioning investors as regards a drop in earnings
 "US markets could head lower as earnings downgrades pick up pace: Chris Wood")
US economy, geopolitics: Factors that could roil markets next quarter
With the rupee weakening against the US dollar, a more hawkish pivot by RBI is expected
 "US economy, geopolitics: Factors that could roil markets next quarter")
Global stock markets can retest June 2022 lows, cautions Chris Wood
Most global markets have staged a smart recovery since their June 2022 lows. The S&P BSE Sensex has outperformed its peers with a rise of around 13 per cent since then
 "Global stock markets can retest June 2022 lows, cautions Chris Wood")
Fitch cuts India FY23 GDP growth forecast to 7%; world GDP growth at 2.4%
At a more macro level, Fitch now expects world GDP to grow by 2.4 per cent in 2022 - revised down by 0.5 percentage points (ppt) since the June assessment
 "Fitch cuts India FY23 GDP growth forecast to 7%; world GDP growth at 2.4%")
US moving towards normalcy, not recession
The inflation vs recession debate in the US is missing the larger point
Oil prices down 1.5% for the week on recession jitters, strong US dollar
Brent crude futures settled at $96.72 a barrel, gaining 13 cents. U.S. West Texas Intermediate crude ended 27 cents higher at $90.77. Both benchmarks fell about 1.5% on the week
 "Oil prices down 1.5% for the week on recession jitters, strong US dollar")
Asian market's dry spell leaves India's credit with worst streak in 13 yrs
No deals in excess of $100 million concluded in the week ending Aug 19, after just $453 million the week before
 "Asian market's dry spell leaves India's credit with worst streak in 13 yrs")
Apple lays off recruiters in a push to rein in hiring and spending
About 100 contract workers were let go in a rare move for Apple, the world's most valuable company
 "Apple lays off recruiters in a push to rein in hiring and spending")
Are well-managed large caps a better bet for retail investors?
Global central banks are hiking interest rates to bring down inflation. Should you buy on dips or sell on a rally? Find out what UR Bhat of Alphaniti Fintech says to Business Standard's Puneet Wadhwa
 "Are well-managed large caps a better bet for retail investors?")
Oil prices bounces higher as China, US data ease recession concerns
Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel by 0638 GMT. U.S. West Texas Intermediate crude was at $89.76 a barrel, up 75 cents, or 0.8%
 "Oil prices bounces higher as China, US data ease recession concerns")
As recession fears grow, hiring in American job market likely slowing
Month after month, US employers just kept adding hundreds of thousands of workers, often beating forecasters' expectations. Amid recession fear, hiring is likely to slowdown.
The case for rate hikes heading for contested territory as recession looms
A parade of Federal Reserve officials in recent days has sought to emphasize this message - though a slump isn't their forecast
 "The case for rate hikes heading for contested territory as recession looms")
Oil prices fall as weak factory data fuels global demand concerns
Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn
 "Oil prices fall as weak factory data fuels global demand concerns")
Oil prices slip as weak manufacturing data stokes recession fears
Brent crude futures fell 29 cents to $99.74 a barrel by 0002 GMT, with WTI crude futures down 22 cents at $93.67 a barrel
 "Oil prices slip as weak manufacturing data stokes recession fears")
US dollar wallows near 3-week low on bets for less aggressive Fed
The dollar hung near a three-week low to major peers on Monday as markets continued to wager that the Federal Reserve has less tightening to do with the US economy at risk of recession
 "US dollar wallows near 3-week low on bets for less aggressive Fed")
What is a recession?
It looks like the equity markets have priced in the prospect of the US slipping into recession. But ever wondered what exactly recession is? Our next report tells
 "What is a recession?")
Crypto watch: Winter in the market is not over yet, argue experts
As the cryptocurrency market cap crossed $1.1 trillion mark on Friday and Bitcoin rose above $24,000, experts said that 'we are not there yet'
 "Crypto watch: Winter in the market is not over yet, argue experts")
World stocks eye best month since late 2020, traders bet on weak US economy
As inflation surges across major markets and central bankers fight to raise rates without killing off growth, riskier markets like stocks have tended to react positively to any softening in sentiment
 "World stocks eye best month since late 2020, traders bet on weak US economy")
US Prez Biden dismisses fear of recession even as GDP doubles down
Joe Biden and top officials have dismissed fears of US economy sinking into a recession as doubling down of GDP growth rates in two successive quarters at around 0.9 per cent did not mean recession
Asian stocks rally as markets focus on more gradual pace of rate hikes
Economists are debating whether the world's biggest economy (US) is already in or on the verge of a recession, as it battles its highest inflation in four decades and gross domestic product shrinks
 "Asian stocks rally as markets focus on more gradual pace of rate hikes")
