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Showing posts with the label recession fears

When mini liquor bottles and single cigarette sales speak, economists hear recession warning

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[hfe_template id='11223'] [ad_1] Fears of an impending U.S. recession are mounting as economic indicators—both traditional and unconventional—point to growing financial strain. Consumers are cutting back on discretionary spending, companies are tightening their forecasts, and market volatility is rising, all while U.S. President Donald Trump’s trade policies continue to rattle investor confidence. Economists define a recession as a “significant decline in economic activity” lasting more than a few months, often marked by a drop in GDP, rising unemployment, and weaker industrial production. While some analysts maintain that the economy remains stable for now, Goldman Sachs recently raised the probability of a recession this year to 20%. Beyond traditional metrics, a range of unconventional indicators are flashing red, from declining sales of men’s underwear to an uptick in purchases of miniature liquor bottles. Consumers pull back: Liquor minis and cigarettes see a shift ...

Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors' radar

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[hfe_template id='11223'] [ad_1] Sensex recovered most of its losses to close marginally down in a volatile session on Tuesday even as private lender IndusInd Bank slumped 27 per cent and global markets declined on US recession worries. Stocks that were in focus include names like IndusInd Bank, which fell 27% and PC Jewellers, which gained 0.8% and Mold-Tek, whose shares gained 0.2% on Tuesday. Here's what Viral Chheda, Sr Analyst at SSJ Finance and Securities, recommends investors should do with these stocks when the market resumes trading today. IndusInd Bank After moving in the range of 926-1100 for the past 4 months, price has witnessed a steep correction to trade a four years low of 667 odd levels. In the current week stock has given a correction of almost 30% from its previous week closing level. Stock looks weak and we can see further dip till 600-550 odd levels. Live Events As the stock is facing more selling pressure we would recommend staying away from it ...

Only 30 smallcap stocks offer double-digit weekly returns in a week marred by uncertainty

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[hfe_template id='11223'] [ad_1] Indian markets experienced a marginal recovery from the uncertainties arising from concerns about the unwinding of carry trades, driven by the Yen's rapid appreciation and weak macroeconomic data that fuelled recession fears in the US. However, indices closed the week in red, losing over 1% each. During the week, only 30 smallcap companies offered double-digit returns with Century Enka the top gainer (35%), followed by Authum Investment (34.19%), Symphony (33.53%), and Garware Hi-Tech (26%). About 5 stocks including Edelweiss Financial Services, BASF India, Venky's, Oswal Greentech among others have offered returns between 20-25%. In the midcap segment, only one stock Trent rose in double digits with a gain of 13.37%. Among the Sensex pack, Hindustan Unilever (HUL) topped the charts with 2.05% returns, followed by ITC at 1.32% and Tech Mahindra at -0.26%. What should investors do? Analysts said the domestic valuations are not chea...

Stocks drop, Nasdaq confirms correction as recession fears mount

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[hfe_template id='11223'] [ad_1] U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession. The Labor Department said nonfarm payrolls increased by 114,000 jobs last month, well short of the 175,000 average forecast by economists polled by Reuters, and the at least 200,000 that economists believe are needed to keep up with population growth. The unemployment rate jumped up to 4.3%, near a three-year high. The data added to concerns the economy was slowing more rapidly than anticipated and the Federal Reserve had erred by keeping rates steady at its policy meeting that concluded on Wednesday. Expectations for a rate cut of 50 basis points (bps) at the Fed's September meeting jumped to 69.5% from 22% in the prior session, according to CME's FedWatch Tool "Obviously the jobs number is the big headline, but we seem to have officia...