S&P, Dow rise as U.S. retail sales data counters recession fears

(Reuters) – The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears and simmering U.S.-China trade tensions. The Dow Jones Industrial Average rose 99.9 points, or 0.39%, to 25,579.32, the S&P 500 gained 7.02 points, or 0.25%, to Continue Reading

U.S. recession odds rise to 40-45% in six months: DoubleLine’s Gundlach

(Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were 65% within the next year. FILE PHOTO: Jeffrey Gundlach,┬áCEO of DoubleLine Capital LP, presents Continue Reading

World bonds wave recession flags as future inflation evaporates

LONDON (Reuters) – After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation. FILE PHOTO: The flags of China, U.S. and the Chinese Communist Party are displayed in a Continue Reading

JPMorgan keeps key profit goal, says wary of U.S. recession risks

NEW YORK (Reuters) – JPMorgan Chase & Co on Tuesday maintained its key profit goal for the next three years, but its chief financial officer warned the forecast does not reflect significant risks that could speed the beginning of a U.S. recession. The logo of Dow Jones Industrial Average stock Continue Reading