Thursday, June 30, 2022

Who decides if the US is in a recession? Eight economists you've never heard of

Prominent Wall Street economists like Mark Zandi, investing luminaries like ARK Invest's Cathie Wood and executives like JP Morgan Chase CEO Jamie Dimon can make recession predictions until they're blue in the face, but their guidance will remain just that — an economic forecast.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Who decides if the US is in a recession? Eight economists you've never heard of
Prominent Wall Street economists like Mark Zandi, investing luminaries like ARK Invest's Cathie Wood and executives like JP Morgan Chase CEO Jamie Dimon can make recession predictions until they're blue in the face, but their guidance will remain just that — an economic forecast. Read more »
 
Markets are in trouble, but history shows there is hope on the horizon
The S&P 500 is preparing to wrap up its worst first half in more than 60 years. Read more »
 
Enormous chocolate factory shuts over salmonella outbreak
A chocolate factory in Belgium has temporarily shut its doors after discovering salmonella in a production batch. Read more »
 
Stocks sink as inflation fears mount
Read more »
 
RadioShack's NSFW Twitter account, explained
Clearly, this isn't your father's RadioShack. Read more »
 
Dealmaking drop-off reveals rise in business anxiety
Dealmaking booms when markets are stable and businesses are feeling good about the economy and access to financing. When conditions deteriorate, confidence flags, and the number of companies going public or pursuing takeovers drops. That's what is happening now. Read more »
 
 
 
 
Dow Nasdaq S&P
-253.88   -149.16   -33.45
30,775.43   11,028.74   3,785.38
-0.82%   -1.33%   -0.88%
YTD -15.31%   YTD -29.51%   YTD -20.58%
 
Biggest Winners
Quanta Services Inc +4.73%
 
NORTHROP GRUMMAN CORP +3.63%
 
AES Corp +3.19%
 
Raytheon Technologies Corp +3.01%
Biggest Losers
Universal Health Services Inc -6.09%
 
General Motors Co -5.05%
 
Borgwarner Inc -5.01%
 
Constellation Brands Inc -4.34%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $105.86 -3.92 / -3.57%
Gold $1,807.90 -9.60 / -0.53%
10-yr 2.97% -0.12
Euro $1.05 +0.00 / +0.38%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Welcome to Bernie Schaeffer's Award-Winning Option Advisor

Congratulations! By signing up for Option Advisor, you just took the first step towards becoming a successful trader and pot...