Central banks are relentlessly hiking interest rates to rein in inflation — even at the expense of economic growth — prompting fears of a recession. Goldman Sachs said it believes the United States is set for a "soft landing. The bank's chief European economist Jari Stehn expects Europe to tip into a recession this quarter on the back of higher household energy prices and tighter financial conditions. This recession is likely to last into the second quarter of 2023, he added.
Those stocks have high and expanding cash return on capital invested and return on equity, according to the bank. The list includes low-cost carrier Ryanair , Norsk Hydro and Hannover Re .
The Chinese Communist Party's dog bites.
We are already in a recession
recession increasingly likely? It's already happening.