Capital Group: Guide To Recessions: 9 Key Things You Need To Know
How bad will the next recession be? That’s one of the questions we hear most often, especially now as the Federal Reserve aggressively hikes interest rates to rein in inflation at 40-year highs. It seems clear to us that the U.S. will enter a recession by early 2023, if it hasn’t already. Our expectation […]
John Hancock: Weekly Market Recap Week Ended September 30th
September swoon The stock market’s late summer downturn extended into September and the major U.S. indexes fell for the third quarter in a row. The S&P 500 and the Dow both posted monthly declines of around 9% and the NASDAQ dropped more than 10%—all steeper than the prior month’s losses. PCE inflation rises […]