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US Economy Faces 'Worst Of Both Worlds' As Stagflation Threat Looms Large
Friday, April 26, 2024 - 4:42am | 743The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession. What Happened: The U.S. economy’s first-quarter growth, at an annualized rate of 1.6%, fell significantly short of the anticipated 2.5%, according to...
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1970s Stagflation Scenario Looms Over US Stock Market, Warns JPMorgan: 'Bonds Significantly Outperformed Stocks'
Thursday, February 22, 2024 - 12:10am | 643A looming threat of stagflation could prove detrimental to the US stock market, according to JPMorgan. What Happened: The financial giant has expressed concerns about a potential economic scenario reminiscent of the 1970s. Stagflation, characterized by low growth and high inflation, could lead...
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Stocks Could Crash 23% In 2024: UBS Analyst Warns These 3 Risks Could Potentially Trigger Plunge
Monday, January 22, 2024 - 9:28pm | 661UBS, a global financial services firm, has identified three significant risks that could potentially trigger a 23% plunge in the stock market this year. What Happened: UBS’ chief investment officer for U.S. equities, David Lefkowitz, has outlined three potential risks that could lead to a...
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Costco Cracks Down On Membership Card Sharing, Tests New Entry System
Wednesday, January 17, 2024 - 5:09am | 656In a bid to curb unauthorized access to its stores, retail giant Costco Wholesale Corporation (NASDAQ:COST) is implementing new measures, including a trial of a scanning system at store entrances. What Happened: Costco is taking action against non-members who have been using membership cards that...
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Stagflation In 2024? Red Sea Crisis Could Trigger Domino Effect For Global Costs
Friday, January 12, 2024 - 1:19pm | 973Could stagflation be the story of 2024 as tensions in the Middle East and the Red Sea escalate? After a U.S.-led coalition conducted airstrikes against Houthi rebels in Yemen this week, the stakes are raised — as are the risks of inflation remaining stubbornly high. Stagflation is the emergence of...
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Treasury Yields Rise On Stagflation Threats: Investors Flock To Long-Term Treasury ETFs Expecting Weaker Growth Ahead
Thursday, April 27, 2023 - 1:12pm | 532Thursday is a negative session for U.S. Treasuries with yields markedly rising across all maturities of the yield curve. The yield on the 10-year benchmark surged back above the 3.5% level, up 6 basis points, while the yield on the two-year note increased to 4.06%, up 10 basis...
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10 Tips for Investing In A Stagflation Environment
Wednesday, March 1, 2023 - 1:14pm | 1235People tend to associate recessions and economic downturns with fear, stress, and anxiety. However, these periods also offer fantastic opportunities for savvy investors to grow their wealth faster than in normal times. Stagflation is a word that sends shivers down the spines of most investors. The...
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What Happened After The Last Time The Labor Market Was This Tight?
Monday, February 6, 2023 - 2:23pm | 980An extremely tight labor market, coupled with historically low unemployment and high demand for workers put upward pressure on wages and prices, with inflation reaching 6.2%. Despite those conditions, a recession was on the horizon as the Federal Reserve tightened monetary policy to curb inflation...
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Despite Inflation, BoE May Buy Bonds, Bernanke to Follow?
Wednesday, June 22, 2011 - 12:15pm | 599On Wednesday, the Bank of England's minutes showed that policy makers were considering additional bond purchases as the British economy continues to struggle. The Bank of England's Monetary Policy Committee voted 8-1 to maintain the bond-purchase program at 200 billion pounds, Bloomberg reported...
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Wednesday's Fed Decision Could Catch Markets Off-Guard
Monday, June 20, 2011 - 10:34am | 650On Tuesday and Wednesday the Federal Open Market Committee will meet to discuss future monetary policy. The decision the FOMC reaches may dictate the flow of the U.S. economy for the remainder of the year. According to The Wall Street Journal, the general consensus from economic commentators is...
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As Greece Burns, Traders Run to the Greenback
Thursday, June 16, 2011 - 3:14pm | 626With the Greek situation exacerbating in severity, investors are running for the safe-haven of the U.S. dollar. The U.S. dollar index rose roughly 0.20% on Thursday, approaching $76. Nearly all currencies declined against the dollar, as investors fearing a default by Greece may have shifted their...
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Stagflation Ravaging the UK, Sign of Whats to Come for US?
Wednesday, June 15, 2011 - 12:04pm | 415For May, Jobless claims in the United Kingdom rose 19,600. That comes after a jump of 16,900 in April, according to Bloomberg. Most alarming is how sharply the data caught economists off guard. Bloomberg surveyed 22 economists and found that the median expectation was an increase of 6,500. The...