January 4, 2023
‘Recession is what everyone is betting on,’ says money manager,
In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view that a recession is approaching. Source
Tesla stock wipes out three-day bounce, falls to lowest price
Tesla stock falls to fresh lows after disappointing deliveries data, to knock the EV maker down to 15th on list of most valuable S&P 500 index companies. Source
What does the stock market’s rocky 2023 start mean for
Many reasons not to put too much weight on these first-days-of-January indicators. Source
One-third of world economy expected to be in recession in
This year is going to be tougher on the global economy than 2022, the International Monetary Fund’s (IMF) chief Kristalina Georgieva has warned. Source