Jamie Dimon says he still sees a recession on the horizon
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S.…
The case for buying bonds right now
Investors may want to consider bonds to help navigate the market’s recent volatility. Joanna Gallegos, BondBloxx co-founder and CEO, recommends…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat…
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong…
‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…
