Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

TwitterFacebookLinkedInReddit Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: ShutterstockJapan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year.Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this…

Despite 6% Monthly Drop of Dow, One Factor Could Prevent Recession

Despite 6% Monthly Drop of Dow, One Factor Could Prevent Recession

Since July 23, in just over a month, the Dow Jones has fallen by nearly six percent from 27,349 points to 25,777 points, leaving investors with lingering doubts about a potential recession. The Dow Jones has dropped by nearly six percent since late July. | Source: Yahoo Finance Last month, Gita Gopinath, the chief economist…

Mainstream News Trumpets Bitcoin, Gold as Global Recession Hedge

Mainstream News Trumpets Bitcoin, Gold as Global Recession Hedge

TwitterFacebookLinkedIn Retail and institutional investors alike are increasingly turning to safe-haven assets like gold and bitcoin. | Source: Shutterstock By CCN Markets: As the fear of an upcoming global recession is continuously surging, the interest in safe haven assets, like bitcoin and gold, is growing too. And now a major Australian news publication deems the…

Stock Market Jerks Lower as Economy Triggers Recession Alarms

Stock Market Jerks Lower as Economy Triggers Recession Alarms

TwitterFacebookLinkedIn The US stock market jerked into decline in response to alarming economic data, thrusting the S&P 500, Dow Jones, and Nasdaq toward losses. | Source: Johannes EISELE / AFPBy CCN Markets: The US stock market jerked lower during mid-morning trading after troubling economic data presaged a recession.Dow, S&P 500, and Nasdaq All Shoot LowerThe…

Economists: You Don’t Need to Worry About a Recession – Yet

Economists: You Don’t Need to Worry About a Recession – Yet

TwitterFacebookLinkedIn Economists at First Trust say that the recent yield curve inversion doesn’t mean you need to panic about a recession – at least not yet. | Source: REUTERS / Carlos BarriaBy CCN Markets: Investment management firm First Trust put out an important note on Monday regarding a potential recession. Entitled “This Is Not 2008,”…

Dow Futures Skyrockets as Trump Shrugs Off Recession Alarms

Dow Futures Skyrockets as Trump Shrugs Off Recession Alarms

TwitterFacebookLinkedIn Donald Trump and White House officials played down fears of a recession on Sunday, giving a much-needed boost to the stock market. Source: AP Photo/Evan VucciBy CCN Markets: Dow Jones Industrial Average (DJIA) futures rocketed 300 points in early trading Monday as President Donald Trump sought to allay fears of a recession.Speaking to reporters…

Time to Panic: Half the World’s Economies Are Headed for Recession

Time to Panic: Half the World’s Economies Are Headed for Recession

TwitterFacebookLinkedIn More than half the world’s economies have inverted yield curves, which is a dire signal that a global recession may be on its way. | Source: ShutterstockBy CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is…

Walmart Stock Laughs Off Trade Tensions & Recession Hysteria

Walmart Stock Laughs Off Trade Tensions & Recession Hysteria

TwitterFacebookLinkedIn Walmart’s strong Q2 earnings and bullish FY19 outlook shows the retailer is unfazed by mounting recession fears and the US-China trade war. | Source: REUTERS / Lucas JacksonBy CCN Markets: Walmart is bucking the trend by boosting its fiscal 2019 earnings outlook after reporting strong second-quarter sales.The bullish projections and the rise in Walmart…

Dow Suffers 750 Point Crash as German Economy Teeters on Recession

Dow Suffers 750 Point Crash as German Economy Teeters on Recession

TwitterFacebookLinkedIn The Dow suffered a vicious 750 point crash as the German economy teetered on the brink of a devastating recession. | Source: REUTERS/Kai Pfaffenbach By CCN Markets: The Dow and broader U.S. stock market plunged anew on Wednesday, erasing the previous day’s recovery after a slumping German economy raised red flags about the health…