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Tag Archives: recession

Recession On The Way Says Media Financier Joe Ravitch

Further media industry upheaval is on the cards, as the world exits from COVID and heads towards possible recession, warned financier and media advisor Joe Ravitch. “A lot of trends are now being reversed,” said Ravitch, partner and co-founder of Raine group. He was speaking at the APOS conference in …

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Pound rebounds, stocks steady tracking recession risks

The dollar weakened slightly against major rivals Tuesday, helping the pound to rebound from a record low, while equity markets stabilised after recent volatility. A major new pipeline that will bring in Norwegian gas via Denmark was inaugurated in Poland on Tuesday in a move aimed at helping strengthen Europe’s …

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Goldman and BlackRock Sour on Stocks as Recession Risk Rises

(Bloomberg) — Goldman Sachs Group Inc. and BlackRock Inc. are turning extra bearish on equities for the brief time period, warning that markets are but to cost within the danger of a world recession. Most Read from Bloomberg Flagging rising actual yields as a serious headwind, Goldman strategists minimize equities …

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US Fed raises key interest rate as recession fears mount

The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices — an aggressive stance that has raised fears of a recession. Federal Reserve Chair Jerome Powell has made it clear that officials will continue to act aggressively to …

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Eurozone Recession Fears Grow As Business Activity Declines Again

Euro-zone activity is in its worst contraction since 18 months due to higher prices, falling demand and rising inventories of unsold goods, according to a corporate benchmarking survey, raising fears of an impending recession. Flash composite from S&P Global purchasing managers index on Tuesday it fell 0.7 points to 49.2, …

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