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Impending Recession: What It Means for Jobs, Banks, Earnings, and Stocks.

1 min read
Source: Barron's
Impending Recession: What It Means for Jobs, Banks, Earnings, and Stocks.
Photo: Barron's
TL;DR

The Conference Board's Leading Economic Index, which measures US business cycles, dropped unexpectedly and sharply to its lowest level since November 2020, marking its 12th consecutive monthly decline, the longest such run since the 2007-2009 recession. This has led to fears of an impending recession, prompting the Federal Reserve to consider another interest rate hike.

Topics:businesseconomy#business-cycles#economy#federal-reserve#interest-rates#leading-economic-index#recession
Share this article
  1. Jobs, Banks, Earnings All Point to Recession. Cue Another Fed Rate Hike.  Barron's
  2. A recession is coming — and stock markets won't come through it unscathed, strategist says  CNBC
  3. The Fed says a mild recession is in the cards this year. What could that look like?  Fox Business
  4. Here's why a recession is likely to happen this year  CNBC Television
  5. A recession would solve 3 problems weighing on stocks: DataTrek  Markets Insider

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