Economic Recession

Copper
Economic Recession
Economy

A Great Copper Squeeze Is Coming for the Global Economy

(Bloomberg) — The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on fears that a global recession will stunt demand for a metal that’s synonymous with growth and expansion. You wouldn’t know it […]

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Economic Recession
Economic Trends
Economy
US Economy

Morgan Stanley’s Wilson Sours on US Earnings Amid Growth Jitters

(Bloomberg) — One of Wall Street’s biggest bears is turning even more pessimistic on the outlook for US earnings against the backdrop of a slowdown in economic growth. Morgan Stanley strategist Michael J. Wilson cut his expectations for earnings-per-share growth for the year, saying that a slowing economy is now likely to be a bigger […]

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Commodities
Economic Recession
Recession
U.S. Recession

Goldman Says Buy Commodities, ‘Worry About Recession Later’

(Bloomberg) — Goldman Sachs Group Inc. urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term, arguing that raw materials stand to rebound amid a profound energy crisis and tight physical fundamentals. “Our economists view the risk of a recession outside Europe in the next […]

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Economic Recession
Economy
Semiconductor
Semiconductor Chip Shortage
Semiconductor Fabrication

Chipmakers Are Flashing More Warnings on the Global Economy

(Bloomberg) — Mounting concern over semiconductor demand is sending shudders through North Asia’s high-tech exporters, which historically serve as a bellwether for the international economy. South Korean behemoths Samsung Electronics Co. and SK Hynix Inc. have signaled plans to dial back investment outlays, while across the East China Sea, the world’s biggest contract chipmaker Taiwan […]

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Bond Market
Economic Recession
Economy

The Worst Is Yet to Come for US Credit Markets, Investors Say in Survey

(Bloomberg) — The ugliest year ever for US corporate-bond investors is expected to get uglier — and they only have the Federal Reserve to blame. With the central bank raising interest rates at the fastest pace in decades, nearly three quarters of those who responded to the MLIV Pulse survey said that tighter monetary policy […]

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Bonds
Economic Recession
Recession
U.S. Recession

JPMorgan’s Michele Says Bonds Have Recession Priced In

(Bloomberg) — Bob Michele, a bond market veteran for more than four decades, predicts a 75% chance of a US recession over the next 18 months, but thinks it’s priced in. “Clients are returning to the bond market, especially corporate bonds,” Michele, JPMorgan Asset Management’s chief investment officer, said on Bloomberg Television’s “Wall Street Week” […]

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Economic Recession
Global Inflation
Inflation
Inflation Stocks
Recession
U.S. Recession

Recession Now Looks Like the Price to Pay for Beating Inflation

(Bloomberg) — After underestimating the worst inflation outbreak in decades, central banks are now driving their economies headlong toward recession in order to tame prices. The stark outlook is stoking fears that policy makers will end up overreaching as they push ahead with aggressive interest-rate hikes, just as some now concede they overstimulated through the […]

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Debt Default
Economic Recession
Stock Buyback

JPMorgan Halts Share Buybacks as Earnings Miss Estimates

(Bloomberg) — JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts’ estimates, driving the stock lower. The buyback pause is needed to quickly meet higher capital requirements and “allow us maximum flexibility to best serve our customers, clients and community through a broad range of economic environments,” […]

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Earnings Reports
Economic Recession
Recession
U.S. Recession

Is a Recession Coming? Investors Turn to Earnings for Clues

(Bloomberg) — A looming recession, runaway inflation, an energy crisis in Europe and a euro that’s sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challenges this season that could create another reason to dump stocks. After a tumultuous first half for global equities, with $18 trillion in value […]

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Economic Recession
Recession
Stock Market Correction
Stock Market Crash
U.S. Recession

BofA Says Recession Fears Prompt Investors to Dump Stocks Again

(Bloomberg) — Investors are hoarding cash and hiding in US Treasuries as they dump equities amid fears that the US economy is headed for a recession. Nearly $63 billion flowed into cash in the week through July 6, while global equity funds had redemptions of $4.6 billion, according to Bank of America Corp. note citing […]

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Economic Recession
Recession
U.S. Recession

Recession May Be on Our Doorstep. Why That Could Be Good News for Investors.

Illustration by Elia Barbieri Economists and pundits who expect recession but not until 2023 may soon be surprised to find it already at our doorstep. That’s a big deal. It matters whether a recession comes sooner or later, for the following reasons. First, despite large setbacks in global equity and credit markets this year, investors […]

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Economic Recession
Economic Trends
Elon Musk
Tesla
US Economy

Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone

(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of […]

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Economic Recession
Emerging Markets
Recession
U.S. Recession

Bruised Emerging Markets Are Battle-Ready for a US Recession

(Bloomberg) — Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way. That’s the message from money managers including JPMorgan Chase & Co. and Deutsche Bank AG even as fears of a contraction in the world’s largest economy spark a dash into Treasuries and […]

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Base Metals
Copper
Economic Recession
Metals

Copper Sinks Below $8,000 in Bleak Signal for Global Economy

(Bloomberg) — Copper prices tumbled to a 17-month low, extending last quarter’s slump, as deepening fears about a global economic slowdown drive a rout in industrial commodities. The red metal, widely considered a barometer of the world economy, fell as much as 3.7% to $7,955 a metric ton in London. Prices collapsed 20% in the […]

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Economic Collapse
Economic Recession
Stock Market
US Economy

Wall Street Faces Billion-Dollar Losses on Sinking Buyout Debt

(Bloomberg) — Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate debt that’s plunging in value amid a sweeping market selloff. The biggest hit, which could amount to about $1 billion, may come from the take-private […]

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