Tag Archives: recession

June jobs report: Will it put an end to recession fears?

Will the jobs report shock?Thursday, 7 Jul 2016 | 5:00 PM ET|04:34 The best of times may be over for now for job seekers, even though June’s critical employment report should show a substantial spring back in hiring, and the labor market remains fairly strong. Friday’s employment report is expected to show a rebound to 175,000 nonfarm payrolls, from May’s ... Read More »

America’s earnings recession deepens

Corporate America, we have a problem. The fourth quarter of 2015 looks to be the third straight quarter in which S&P 500 companies’ profits fell versus the year prior. This would be the first time this has happened since 2009 (when profits fell in Q1, Q2 and Q3). The official numbers aren’t out yet, since not every S&P 500 company ... Read More »

Mark Grant: US recession looms—and here’s why

A global recession looms because of depressed oil prices and an economic slowdown in China, market watcher Mark Grant said Thursday. The U.S. won’t be spared because of the interconnectivity of the world economy, he said. Grant, managing director and chief fixed income strategist at Hilltop Securities, told CNBC’s “Squawk Box” his reading of China indicates its economy is growing ... Read More »

An industrial recession may be engulfing America

The U.S. economy may have an industrial-sized problem. In their earnings calls, several companies have warned of an industrial or manufacturing recession. And economic data appear to be lending additional credence to their concerns, given weak manufacturing activity in January and markedly slow durable goods orders in December. “We don’t have enough data to know” that the U.S. is heading ... Read More »

Energy debt trouble raises recession risk: Yusko

Morgan Creek Capital Management chief Mark Yusko said Monday he’s on the same page with Carl Icahn when the billionaire investor says there’s danger ahead in credit markets. Yusko, who last year correctly forecast crude oil would fall to $30 a barrel by the end of 2015, said trouble in the energy industry, which accounts for roughly 15 to 20 ... Read More »

Markets too hasty to call a recession: Analyst

U.S. stocks suffered their worst January in at least seven years last month, as the slump in oil prices, coupled with China’s economic slowdown and continued market interventions, roiled global assets. But Myles Bradshaw, the head of global aggregate fixed income at Amundi, believes markets have been too hasty to call an economic slump and now is the time to ... Read More »

Markets finally adjusting to reality that we’re entering recession: Faber

Notorious market contrarian Marc Faber has a message for Wall Street: We are almost in a recession. Monday on CNBC’s “Fast Money,” the Gloom, Boom & Doom Report publisher reiterated his bold call that stocks could see a sudden and detrimental crash, similar to what was witnessed in 1987. “[The market] will remain very volatile because interventions with fiscal and ... Read More »

Cashin: US could slip into a recession

Worried about the U.S. economy? UBS’ Art Cashin said you should be. “If corporations start to pull back and say ‘I don’t want to advance anything; I don’t want to hire anybody,’ we could slide into a recession,” Cashin told CNBC’s “Squawk Alley” on Tuesday. Earnings season unofficially began last week, with Alcoa posting mixed quarterly results. Since then, a ... Read More »

Cramer: Extreme valuations point to a recession

Jim Cramer likes to look at the market from all perspectives. That means listening to the fears of investors and interpreting what drastic valuations could mean for the future of stocks — not just what the charts like the VIX are indicating. “Take, for example, some of the extreme valuations of the market. And when I say extreme, I am ... Read More »