Are you over worrying about a recession?
With inflation falling, the optimism for a stocks’ rebound is being questioned because data is suggesting a recession is looming. Are these recession fears well-founded?
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
With inflation falling, the optimism for a stocks’ rebound is being questioned because data is suggesting a recession is looming. Are these recession fears well-founded?
It was a positive week for US and local stocks with the S&P500 up 1.28%, while we added 1.72% with the S&P/ASX 200. Friday brought a bit of negativity but there were some pluses that could be added to the improving inflation story.
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Despite the fact that the big three US market indexes ended in positive territory overnight, this is the big question for investors right now: just how bad is this banking crisis?
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t was a weird week in many ways and what happened has left a number of experts with egg on the faces.
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