U.S. stocks are mixed as recession fears take hold By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

*U.S. STOCKS DECLINE FOR FIFTH DAY IN A ROW AS RECESSION FEARS TAKE HOLD 🇺🇸 🇺🇸

. Some are concerned that the tightening will ultimately tip the U.S. into a recession, and that fear was reinforced by comments on Tuesday from top Wall Street bankers.

JPMorgan’s CEO Jamie Dimon said inflation and rising interest rates would whittle away the savings people accumulated over the last couple of years and put pressure on the economy, with the possibility of a recession next year.at each of its last four meetings. Recent comments from Fed officials suggest rates will remain higher for longer than people had forecast.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You guys fell off so bad. Can't even see update economic events again . I am unsubscribjng from your fees and unfollowing

Recession fears Hahaha...we are already in a recession. We live in a delusional world

Chilax.

Literally every tweet for the past year

Oh no Jerome’s pump has worn off? I’m so surprised 😲

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks decline in Asia, extending losses on Wall StreetShares are lower in Asia after benchmarks fell again on Wall Street on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession
Source: WOKVNews - 🏆 247. / 63 Read more »

The Stock Market Has Been Full of Drama in 2022, and It’s Masking Investing OpportunitiesThere was a lot of drama in the stock market this year. But for patient investors, that means opportunity.
Source: WSJ - 🏆 98. / 63 Read more »