Key Fed inflation measure eased in December while consumer spending also declined

Egg shelves are seen with a note apologizing to customers for the price increase after the reduction in productivity brought on by poultry fatalities caused by various illnesses, in San Mateo, California, United States on January 23, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Consumers spent less in December even as an inflation … Read more

View More Key Fed inflation measure eased in December while consumer spending also declined

Almost half of Americans think we’re already in a recession. Here’s how to prepare if they’re right

A woman shops for chicken at a supermarket in Santa Monica, California, on Sept. 13, 2022. Apu Gomes | AFP | Getty Images For those who fear a recession may be coming, the only question is when. Many economists and CEOs, in fact, expect a recession may be on the horizon this year A recession … Read more

View More Almost half of Americans think we’re already in a recession. Here’s how to prepare if they’re right

‘Outright negative’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing

JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he’s “outright negative” on the market. “Fundamentals are deteriorating. And, the market has been moving up. So, that has to clash at some … Read more

View More ‘Outright negative’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing