Share to Twitter Share to Linkedin Key takeaways An earnings recession may be imminent as consumer spending slows and high costs undercut profits on Wall Street As inflation and layoffs continue, talk of an earnings recession has investors worried Investors can protect themselves by diversifying their portfolios to include defensive stocks The financial world has been sounding the alarm recently over a potential recession in the U.S. and the global economy. The Federal Reserve is still fighting inflation, big tech companies are continuing layoffs, and companies are gearing up to report their 4th quarter earnings. With that, fear of an earnings recession is mounting. Morgan Stanley's investment chief warned clients that incoming earnings reports would underwhelm investors, potentially pushing major stock indexes to two-year lows even if the economy avoids a recession. As we head into earnings season, investors are keeping watch to see if … [Read more...] about What Is An Earnings Recession, And How Does It Affect Stock Prices?
Lower glycemic index foods
Reflections on Marcos’ 1st 6 months
ILLUSTRATION BY ALBERT RODRIGUEZ It’s been six months since President Marcos was sworn into office. If we liken Mr. Marcos’ six-year term to the well-loved game of basketball, we are now in the second half of the first of six games. The first half of Game 1 was filled with many challenges. A Pulse Asia survey last September 2022 showed that the top concerns of Filipinos are controlling inflation, increasing the pay of workers and creating more jobs. Unfortunately, these continue to burden Filipinos into halftime of Game 1. Before the first “game” ends on June 30, 2023, we’d like to share some of the administration’s notable wins during its first six months and some reflections on how to sustain the fight against these challenges. Wins First among Mr. Marcos’ wins is the appointment of credible and experienced economic managers. This means that we have a strong team to overcome the pandemic’s lingering effects on the economy. Second, several executive actions were made … [Read more...] about Reflections on Marcos’ 1st 6 months
The Job Market Is Defying Economic Gravity
The economy is slowing down and inflation is cooling, with no mass layoffs in sight—that’s not supposed to happen. Friday’s news that employers kicked hiring into high gear in January by adding 517,000 jobs came as a surprise for a number of reasons. Layoffs at Google ( GOOGL) and other tech companies have dominated headlines . Other parts of the economy have been slowing down , with a multitude of indicators flashing warning signs of a recession. The domino effect of a slow down usually causes a surge in the unemployment level, and economists had expected those headwinds to at least curb the pace of job gains. “It’s clearly the tale of two economies,” said Ryan Sweet, chief U.S. economist at Oxford Economics. “The labor market is extremely tight. It's very strong, but the rest of the economy is slowing down.” Those two things don’t usually go together, but the pandemic may have overturned the old rules. “Historical experience may prove to be misleading in 2023,” said … [Read more...] about The Job Market Is Defying Economic Gravity
Stubble burning is back, smothering north India with concerns for the upcoming winter
A man burns paddy waste stubble in a field on the outskirts of Chandigarh, India. REUTERS/Ajay Verma - D1BEULQOFXAA What causes major worry is same solutions that earlier failed to stop farm burnings are being pushed again amidst similar concerns from farmers. Many pitches cash compensation to farmers and crop diversification as more viable solutions but government action is going in a different direction. Vivek Gupta Even as authorities claim that they are all set to deal with what is now an annual public health crisis, stubble burning in the northern states of India is back this year, raising concern among citizens, government authorities and policymakers. For the last several years, the practice of stubble burning – where fire is set to straw stubble to clear fields before the next crop is planted – has been one of the prime reasons for air pollution over the national capital region (NCR) and other parts of the Indo-Gangetic plains, before the onset of the … [Read more...] about Stubble burning is back, smothering north India with concerns for the upcoming winter
Flying colours: Future flights to have more orderly disembarking system
Airbus converted one of its A350 XWB aircraft into the 'Airbus Explorer' to showcase its innovations (Picture Credit: Ameya Joshi) More often than not, one hears the click-click of seat belts being unfastened the moment an aircraft touches down. In some parts of the world, India included, passengers rush to deplane as soon as the aircraft halts – even if it is to wait for a bay. When India’s civil aviation operations restarted in May 2020 after the first COVID-19 wave, it was a challenge to implement row-wise deplaning. While passengers largely followed the system in the initial days, even complying with mandatory mask-wearing became tough, until it was dropped completely. The future, however, could be different. Also Read | Time to refresh airline on-time performance metric for level playing field Airbus is introducing a solution to aid orderly and safe disembarking and avoid crowding of the aisles, among other things, as it seeks to sell more planes across the … [Read more...] about Flying colours: Future flights to have more orderly disembarking system
Mark Cuban Says Economy Will Never Be The Same Post-Pandemic
Share to Twitter Share to Linkedin Billionaire Mark Cuban says President Trump is wrong to the think the economy can open up as early as May 1. And when it does open, it will take years to return to post-pandemic norms. “I wish he was right, but he’s not,” Cuban said in an interview on Sunday with Chris Wallace of FOX News Sunday. “People aren’t going to just venture outside. They're not going to go to large gatherings. They're not going to feel confident right off the bat. There’s going to be a lot of trepidation. And that concern is going to lead to people holding back on spending money,” he says. Some people are appalled by the rising stock market as unemployment explodes — over 16 million people have filed for unemployment in just 15 business days due to mandated government shutdowns of business. Retail, restaurants, travel, sports and entertainment have been particularly hard hit. “It speaks of a vast transfer of wealth orchestrated by the … [Read more...] about Mark Cuban Says Economy Will Never Be The Same Post-Pandemic