As recession fears grow on Wall Street, CNBC Pro found stocks that are cheap even in an economic slowdown. The major averages are heading for a losing week on Friday. Investors are concerned that this week’s announcement of the most aggressive rate increase since 1994 by the Federal Reserve could tip the economy into a … Read more
The stock market could fall even further, and investors should look for stocks that have the support to hold steady, according to Goldman Sachs chief US equity strategist David Kostin. Stock futures pointed toward a brutal open Monday on the heels of Wall Street’s worst week since January. The pullback comes as investors have become … Read more
Recent retail earnings have shown just how big a toll rising inflation, a major concern for investors all year, is having on corporate profits. Target and Walmart both cited higher costs and inventory woes for the hits they took in the previous quarter – which led to disappointing earnings. Target CEO Brian Cornell told CNBC … Read more
Citi has named a raft of stocks it thinks will do well if a recession comes to town.
Stocks are getting whipsawed, but some strategists say there are still places to put money to work in this market.
JPMorgan has a list of companies that are most, and least, exposed to growing tensions between Russia and Ukraine.
The AXS Astoria Inflation Sensitive ETF has seen strong investor interest and performance in its first few weeks of trading.
Traders working on the floor of the NYSE, Feb. 16, 2022. Source: NYSE The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the Dow Jones Industrial … Read more