Recession Fears Rattle Global Markets

Latest News

08-05

VIX Soared Up 84% to 42.9, Hitting Four-Year High

08-05

Bitcoin Continues to Bleed, Falls Below $50K

08-05

Singapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash

User Discussion

Wilsonfusion

09-13

$Berkshire Hathaway(BRK.B)$ Correction seems to be on support at around $448 right now. Short term rebounce might come soon. If it drops more, low $400 might comes in. Nevertheless, berkshire is for long term growth. Its meant to be rich SLOWLY. Ignoring 99% noise & staying focus! Long term till 2030. It will be around x2 gain. Its fine with me.

Tiger V

09-11

Bear Market Strategies: Preparing for the Downturn

Overview: Slowing Labor Market Signals Recession Fears Last week, U.S. economic data revealed a cooling labor market, heightening recession concerns. The ADP report and non-farm payrolls for August both came in below expectations, with private employment rising by only 9.9k (vs. 14.5k expected) and non-farm payrolls increasing by 14.2k (vs. 16.5k expected). Additionally, the U.S. employment rate climbed to 4.2% in August 2024, up from 3.7% a year earlier. These indicators have alarmed investors, triggering declines in the three major U.S. stock indices, reflecting heightened uncertainty over the economic outlook. U.S. Stock Market: A Sharp Pullback The disappointing labor data led to a broad sell-off across U.S. equity markets last Friday. Investors, fearing a potential recession, b

Bear Market Strategies: Preparing for the Downturn

Tiger V

09-11

Is the Bear Lurking in the Shadows?

Overview: Goldman Sachs $Goldman Sachs(GS)$ strategists suggest that while U.S. stocks may experience a decline by year-end, a full-blown bear market, marked by a 20% or more drop, is unlikely. With the Federal Reserve expected to ease rates and recession risks remaining low, the U.S. economy continues to be supported by a "healthy private sector." Despite recent market fluctuations, particularly the S&P 500's dip from record highs in July, the overall outlook suggests a tempered, risk-aware approach rather than alarm. U.S. Market Valuations: Balancing Uncertainty The Goldman team, led by Christian Mueller-Glissmann, notes that while valuations remain elevated and growth prospects mixed, policy u

Is the Bear Lurking in the Shadows?

DaveaPhoenix

08-11

A recession in the U.S. can have various impacts on Australian stocks, influenced by several interconnected factors. I have been researching some potential effects: Changes Market Sentiment: A Negative sentiment in the U.S. can lead to declines in stock markets worldwide, including Australia. Volatility: Uncertainty increased market volatility , impacting Australian stocks. Exports: The U.S. is a trade partner for Australia. Reducing demand, affecting companies in mining, agriculture, and manufacturing. Commodity Prices: Could lower global demand for commodities, leading to price drops and lower revenues. Australian Dollar: Weakening the U.S. dollar strengthens the Australian dollar. Make Australian exports more expensive and less competitive globally. Monetary Policy: Lower intere

sc0tchb0nn3t

08-05

Buying opportunities with some of the dividend stocks?

Singapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash

Jeanario

08-05

I do see bear coming 😓 bleeding everywhere

Bitcoin Continues to Bleed, Falls Below $50K

MIe

08-05

More poor job data n unemployment rate more than 4.5% by August will push fed cut 1st rate aggressively

Goldman Economists Lift "Limited" US Recession Risk to 25%

{"i18n":{"language":"en_US"},"financialEventData":{"themeId":"e84b4c0fc25a4f2da9d9ee1333f5abcf","name":"Recession Fears Rattle Global Markets","description":"Fears of a looming U.S. recession spurred global markets selloff.","image":"https://community-static.tradeup.com/news/b2b40d5aedf77924fd8d64f289780d89","type":2,"style":4,"follow":false,"createTime":1722825842708,"userCounts":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":e84b4c0fc25a4f2da9d9ee1333f5abcf}&rnconfig={\"headerBarHidden\": true}","subscribe":false,"allowFollow":false,"hasReward":false,"rewardScore":0,"rewardValidDate":0,"rewardEnd":false,"symbols":[],"tweetCounts":7,"categoryId":"2929bb7468f5415f853fd96fb35d7c3b","options":[],"votedOptionId":"","totalUserCount":0,"followStatus":false,"themeName":"Recession Fears Rattle Global Markets","tweetAmount":7,"imageIsDefault":false},"news":[{"id":66894,"article_id":"1199183568","title":"VIX Soared Up 84% to 42.9, Hitting Four-Year High","subtitle":"","subtitle_show":0,"pub_time":1722850618400,"source_id":"","language":"en","url":"","is_publish_highlight":1,"symbols_score_info":{"VIX":1.1,"VIXmain":1.1},"rights":null},{"id":66871,"article_id":"2457716512","title":"Bitcoin Continues to Bleed, Falls Below $50K","subtitle":"","subtitle_show":0,"pub_time":1722841092600,"source_id":"Coindesk","language":"en","url":"https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/","is_publish_highlight":1,"symbols_score_info":{"BTC":1,"BTC.USD.CC":1,"BTC.USD.HKCC":1},"rights":null},{"id":66866,"article_id":"1185549728","title":"Singapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash","subtitle":"","subtitle_show":0,"pub_time":1722839267200,"source_id":"","language":"en","url":"","is_publish_highlight":1,"symbols_score_info":{"STI.SI":1.1},"rights":null},{"id":66863,"article_id":"1139474304","title":"Volatility Index Futures Soar 55%; Nasdaq 100 Futures Tumble over 5%","subtitle":"","subtitle_show":0,"pub_time":1722838995800,"source_id":"","language":"en","url":"","is_publish_highlight":1,"symbols_score_info":{"ESmain":1.1,"NQmain":1.1,"VIX":1.1,"VIXmain":1.1,"YMmain":1.1},"rights":null},{"id":66854,"article_id":"1148214115","title":"A Global Stocks Selloff Deepens; Nikkei Sees Worst Day Since 1987","subtitle":"","subtitle_show":0,"pub_time":1722837713000,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/live-blog/2024-08-05/asia-market-open?srnd=homepage-asia","is_publish_highlight":1,"symbols_score_info":{"DXJ":1.1,"EWJ":1.1,"EWV":1.1,"JEQ":1.1,"JPYmain":1.1,"NKmain":1.1,"XJO.AU":1.1},"rights":null},{"id":66862,"article_id":"1116327805","title":"TSMC Leads Taiwan Slump, as Index Suffers Worst Day in 57 Years","subtitle":"","subtitle_show":0,"pub_time":1722836833670,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/articles/2024-08-05/tsmc-leads-taiwan-slump-as-index-suffers-worst-day-in-57-years?srnd=homepage-asia","is_publish_highlight":1,"symbols_score_info":{"TSM":1.1},"rights":null},{"id":66861,"article_id":"2457793544","title":"Bitcoin, Ether Sink to Multi-Month Lows as Recession Worries Take Hold","subtitle":"","subtitle_show":0,"pub_time":1722835092800,"source_id":"","language":"en","url":"https://www.channelnewsasia.com/business/bitcoin-ether-sink-multi-month-lows-recession-worries-take-hold-4526001","is_publish_highlight":1,"symbols_score_info":{"BTC.USD.CC":1.1,"ETH.USD.CC":1.1},"rights":null},{"id":66850,"article_id":"2457676848","title":"Goldman Economists Lift \"Limited\" US Recession Risk to 25%","subtitle":"","subtitle_show":0,"pub_time":1722830393600,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/articles/2024-08-04/goldman-economists-lift-limited-us-recession-risk-to-25?srnd=homepage-asia","is_publish_highlight":1,"symbols_score_info":{".DJI":1.1,".IXIC":1.1,".SPX":1.1,"US10Y.BOND":0.9,"US12M.BOND":0.9,"US2Y.BOND":0.9,"US30Y.BOND":0.9,"US3Y.BOND":0.9,"US5Y.BOND":0.9,"US6M.BOND":0.9,"US7Y.BOND":0.9},"rights":null},{"id":66852,"article_id":"1114445393","title":"Bitcoin Sinks 10%, Extending Losses After Worst Week Since FTX","subtitle":"","subtitle_show":0,"pub_time":1722826547000,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/articles/2024-08-04/bitcoin-btc-drops-below-59-000-after-worst-week-since-ftx-collapse","is_publish_highlight":1,"symbols_score_info":{"BTBT":1.1,"CLSK":1.1,"COIN":1.1,"MARA":1.1,"MSTR":1.1,"MSTX":1},"rights":null},{"id":66849,"article_id":"2457767361","title":"South Korea’s Kospi Plunges 5%, Programme Trading Halted","subtitle":"","subtitle_show":0,"pub_time":1722824638000,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/articles/2024-08-05/korea-s-kospi-index-plunges-takes-losses-from-july-peak-to-10","is_publish_highlight":1,"symbols_score_info":{},"rights":null},{"id":66851,"article_id":"1166467311","title":"Global Stock Rout Intensifies, Powering Bond Rally","subtitle":"","subtitle_show":0,"pub_time":1722822835944,"source_id":"lsy1584095487587","language":"en","url":"https://www.bloomberg.com/news/articles/2024-08-05/japanese-stocks-tumble-leading-equities-selloff-markets-wrap?srnd=homepage-asia","is_publish_highlight":1,"symbols_score_info":{"ZBmain":1.1,"ZNmain":1.1,"ZTmain":1.1},"rights":null},{"id":66853,"article_id":"2457577687","title":"Nasdaq Futures Slide over 2% While S&P Futures Fall over 1% as Recession Fears Rattle Market","subtitle":"","subtitle_show":0,"pub_time":1722818449000,"source_id":"","language":"en","url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":1,"symbols_score_info":{"YMmain":1.1,"NQmain":1.1,"ESmain":1.1},"rights":null}],"views":[],"tweetList":[{"id":349018971713792,"gmtCreate":1726239973912,"gmtModify":1726243153702,"author":{"id":"3565174018553243","authorId":"3565174018553243","authorIdStr":"3565174018553243","name":"Wilsonfusion","avatar":"https://community-static.tradeup.com/news/6de88fd82d0cd3dde5c611b9bad2c0df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3565174018553243"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$&nbsp;</a><v-v data-views=\"1\"></v-v> Correction seems to be on support at around $448 right now. Short term rebounce might come soon. If it drops more, low $400 might comes in. Nevertheless, berkshire is for long term growth. Its meant to be rich SLOWLY.&nbsp; Ignoring 99% noise &amp; staying focus!&nbsp; Long term till 2030. It will be around&nbsp;x2 gain. Its fine with me.&nbsp;","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$&nbsp;</a><v-v data-views=\"1\"></v-v> Correction seems to be on support at around $448 right now. Short term rebounce might come soon. If it drops more, low $400 might comes in. Nevertheless, berkshire is for long term growth. Its meant to be rich SLOWLY.&nbsp; Ignoring 99% noise &amp; staying focus!&nbsp; Long term till 2030. It will be around&nbsp;x2 gain. Its fine with me.&nbsp;","text":"$Berkshire Hathaway(BRK.B)$ Correction seems to be on support at around $448 right now. Short term rebounce might come soon. If it drops more, low $400 might comes in. Nevertheless, berkshire is for long term growth. Its meant to be rich SLOWLY. Ignoring 99% noise & staying focus! Long term till 2030. It will be around x2 gain. Its fine with me.","images":[{"img":"https://community-static.tradeup.com/news/1574cdeb907f4dbdfb2a009c12442a5c","width":"1100","height":"2328"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":3,"link":"https://ttm.financial/post/349018971713792","isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":348342807605456,"gmtCreate":1726050673629,"gmtModify":1726050685562,"author":{"id":"4092890920697680","authorId":"4092890920697680","authorIdStr":"4092890920697680","name":"Tiger V","avatar":"https://community-static.tradeup.com/news/929ef5d38a3a27e3d8f60d939883e7bb","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4092890920697680"},"themes":[],"title":"Bear Market Strategies: Preparing for the Downturn","htmlText":"Overview: Slowing Labor Market Signals Recession Fears&nbsp; Last week, U.S. economic data revealed a cooling labor market, heightening recession concerns. The ADP report and non-farm payrolls for August both came in below expectations, with private employment rising by only 9.9k (vs. 14.5k expected) and non-farm payrolls increasing by 14.2k (vs. 16.5k expected). Additionally, the U.S. employment rate climbed to 4.2% in August 2024, up from 3.7% a year earlier. These indicators have alarmed investors, triggering declines in the three major U.S. stock indices, reflecting heightened uncertainty over the economic outlook. U.S. Stock Market: A Sharp Pullback The disappointing labor data led to a broad sell-off across U.S. equity markets last Friday. Investors, fearing a potential recession, b","listText":"Overview: Slowing Labor Market Signals Recession Fears&nbsp; Last week, U.S. economic data revealed a cooling labor market, heightening recession concerns. The ADP report and non-farm payrolls for August both came in below expectations, with private employment rising by only 9.9k (vs. 14.5k expected) and non-farm payrolls increasing by 14.2k (vs. 16.5k expected). Additionally, the U.S. employment rate climbed to 4.2% in August 2024, up from 3.7% a year earlier. These indicators have alarmed investors, triggering declines in the three major U.S. stock indices, reflecting heightened uncertainty over the economic outlook. U.S. Stock Market: A Sharp Pullback The disappointing labor data led to a broad sell-off across U.S. equity markets last Friday. Investors, fearing a potential recession, b","text":"Overview: Slowing Labor Market Signals Recession Fears Last week, U.S. economic data revealed a cooling labor market, heightening recession concerns. The ADP report and non-farm payrolls for August both came in below expectations, with private employment rising by only 9.9k (vs. 14.5k expected) and non-farm payrolls increasing by 14.2k (vs. 16.5k expected). Additionally, the U.S. employment rate climbed to 4.2% in August 2024, up from 3.7% a year earlier. These indicators have alarmed investors, triggering declines in the three major U.S. stock indices, reflecting heightened uncertainty over the economic outlook. U.S. Stock Market: A Sharp Pullback The disappointing labor data led to a broad sell-off across U.S. equity markets last Friday. Investors, fearing a potential recession, b","images":[{"img":"https://community-static.tradeup.com/news/8ef96e825ddc20d224908216c4b20cbe","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348342807605456","isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":348285767024896,"gmtCreate":1726036840277,"gmtModify":1726037056542,"author":{"id":"4092890920697680","authorId":"4092890920697680","authorIdStr":"4092890920697680","name":"Tiger V","avatar":"https://community-static.tradeup.com/news/929ef5d38a3a27e3d8f60d939883e7bb","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4092890920697680"},"themes":[],"title":"Is the Bear Lurking in the Shadows?","htmlText":"Overview:&nbsp; Goldman Sachs <a href=\"https://ttm.financial/S/GS\">$Goldman Sachs(GS)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;strategists suggest that while U.S. stocks may experience a decline by year-end, a full-blown bear market, marked by a 20% or more drop, is unlikely. With the Federal Reserve expected to ease rates and recession risks remaining low, the U.S. economy continues to be supported by a \"healthy private sector.\" Despite recent market fluctuations, particularly the S&amp;P 500's dip from record highs in July, the overall outlook suggests a tempered, risk-aware approach rather than alarm. U.S. Market Valuations: Balancing Uncertainty&nbsp; The Goldman team, led by Christian Mueller-Glissmann, notes that while valuations remain elevated and growth prospects mixed, policy u","listText":"Overview:&nbsp; Goldman Sachs <a href=\"https://ttm.financial/S/GS\">$Goldman Sachs(GS)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;strategists suggest that while U.S. stocks may experience a decline by year-end, a full-blown bear market, marked by a 20% or more drop, is unlikely. With the Federal Reserve expected to ease rates and recession risks remaining low, the U.S. economy continues to be supported by a \"healthy private sector.\" Despite recent market fluctuations, particularly the S&amp;P 500's dip from record highs in July, the overall outlook suggests a tempered, risk-aware approach rather than alarm. U.S. Market Valuations: Balancing Uncertainty&nbsp; The Goldman team, led by Christian Mueller-Glissmann, notes that while valuations remain elevated and growth prospects mixed, policy u","text":"Overview: Goldman Sachs $Goldman Sachs(GS)$ strategists suggest that while U.S. stocks may experience a decline by year-end, a full-blown bear market, marked by a 20% or more drop, is unlikely. With the Federal Reserve expected to ease rates and recession risks remaining low, the U.S. economy continues to be supported by a \"healthy private sector.\" Despite recent market fluctuations, particularly the S&P 500's dip from record highs in July, the overall outlook suggests a tempered, risk-aware approach rather than alarm. U.S. Market Valuations: Balancing Uncertainty The Goldman team, led by Christian Mueller-Glissmann, notes that while valuations remain elevated and growth prospects mixed, policy u","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348285767024896","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":337206824329632,"gmtCreate":1723364352033,"gmtModify":1723464493784,"author":{"id":"4184898395576122","authorId":"4184898395576122","authorIdStr":"4184898395576122","name":"DaveaPhoenix","avatar":"https://community-static.tradeup.com/news/1fb0fc7f6ac65425b9dc84e7fbc47c94","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4184898395576122"},"themes":[],"htmlText":"A recession in the U.S. can have various impacts on Australian stocks, influenced by several interconnected factors.&nbsp; I have been researching some potential effects: Changes Market Sentiment: A Negative sentiment in the U.S. can lead to declines in stock markets worldwide, including Australia. Volatility: Uncertainty increased market volatility , impacting Australian stocks. Exports: The U.S. is a trade partner for Australia. Reducing demand, affecting companies in mining, agriculture, and manufacturing. Commodity Prices: Could lower global demand for commodities, leading to price drops and lower revenues. Australian Dollar: Weakening the U.S. dollar strengthens the Australian dollar. Make Australian exports more expensive and less competitive globally. Monetary Policy: Lower intere","listText":"A recession in the U.S. can have various impacts on Australian stocks, influenced by several interconnected factors.&nbsp; I have been researching some potential effects: Changes Market Sentiment: A Negative sentiment in the U.S. can lead to declines in stock markets worldwide, including Australia. Volatility: Uncertainty increased market volatility , impacting Australian stocks. Exports: The U.S. is a trade partner for Australia. Reducing demand, affecting companies in mining, agriculture, and manufacturing. Commodity Prices: Could lower global demand for commodities, leading to price drops and lower revenues. Australian Dollar: Weakening the U.S. dollar strengthens the Australian dollar. Make Australian exports more expensive and less competitive globally. Monetary Policy: Lower intere","text":"A recession in the U.S. can have various impacts on Australian stocks, influenced by several interconnected factors. I have been researching some potential effects: Changes Market Sentiment: A Negative sentiment in the U.S. can lead to declines in stock markets worldwide, including Australia. Volatility: Uncertainty increased market volatility , impacting Australian stocks. Exports: The U.S. is a trade partner for Australia. Reducing demand, affecting companies in mining, agriculture, and manufacturing. Commodity Prices: Could lower global demand for commodities, leading to price drops and lower revenues. Australian Dollar: Weakening the U.S. dollar strengthens the Australian dollar. Make Australian exports more expensive and less competitive globally. Monetary Policy: Lower intere","images":[{"img":"https://community-static.tradeup.com/news/897f115b2df89bbda7661e47991b0cf5","width":"949","height":"546"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":41,"commentSize":2,"repostSize":2,"link":"https://ttm.financial/post/337206824329632","isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","authorIdStr":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"idStr":"4171900329979952"},"content":"$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ A dead cert!","text":"$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ A dead cert!","html":"$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ A dead cert!"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":335212617285640,"gmtCreate":1722845562855,"gmtModify":1722845566954,"author":{"id":"4099563350842460","authorId":"4099563350842460","authorIdStr":"4099563350842460","name":"sc0tchb0nn3t","avatar":"https://static.tigerbbs.com/b42d1995afd403d4b720e209484f8d61","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099563350842460"},"themes":[],"htmlText":"Buying opportunities with some of the dividend stocks?","listText":"Buying opportunities with some of the dividend stocks?","text":"Buying opportunities with some of the dividend stocks?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335212617285640","repostId":"1185549728","repostType":4,"repost":{"id":"1185549728","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1722839267,"share":"https://ttm.financial/m/news/1185549728?lang=&edition=fundamental","pubTime":"2024-08-05 14:27","market":"sg","language":"en","title":"Singapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=1185549728","media":"TigerNews SG","summary":"From Japan to Singapore, stock indexes in Asia Pacific were swimming in a sea of red on Monday, after dismal unemployment data in the United States triggered recession worries last Friday.In Singapore","content":"<html><head></head><body><p>From Japan to Singapore, stock indexes in Asia Pacific were swimming in a sea of red on Monday, after dismal unemployment data in the United States triggered recession worries last Friday.</p><p>In Singapore, the Straits Times Index was down 4.8 per cent in afternoon trading, extending morning’s losses.</p><p>Local banks led the losses in value terms, with DBS Bank down 7%, while UOB lost 6.4% and OCBC Bank fell 5.7%.</p><p>In terms of other stocks, SIA fell 3.3%; Singtel fell 2.4%; Seatrium fell 3.4%; Sats and Yangzijiang Shipbuilding fell 7%; NIO and Keppel fell 3.9%; Genting Singapore fell 4.8%; while SGX rose 0.1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b47a075b0ca7ea6484dfce7b6d994b27\" title=\"\" tg-width=\"356\" tg-height=\"1715\"/></p><p>Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will be needed to rescue growth.</p><p>South Korean shares fell for a second straight session on Monday, with trading curbs activated for the first time in four years, as risk appetite dampened across global financial markets on U.S. recession fears.</p><p>The market rout underscores how quickly sentiment has shifted away from expectations that the Federal Reserve will be able to engineer a soft-landing for the US economy.</p><p style=\"text-align: left;\">Data on Aug 2 showed that US non-farm payrolls recorded one of the weakest prints since the Covid-19 pandemic and the jobless rate unexpectedly climbed for a fourth month to 4.3 per cent, above the Fed’s year-end forecast, triggering a closely watched recession indicator.</p><p style=\"text-align: left;\">Goldman Sachs Group economists increased the probability of a recession in the US over the next 12 months to 25 per cent from 15 per cent but said there were several reasons not to fear a slump, even after US unemployment jumped.</p><p style=\"text-align: left;\">But analysts at JPMorgan were more bearish, subscribing a 50 per cent probability to a US recession.</p><p style=\"text-align: left;\">Traders are projecting the Fed will cut rates by more than a full percentage point in 2024, with an increased chance of an outsized 50 basis-point cut in September, according to data compiled by Bloomberg. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Sell-off Worsen as Markets Fret over US Recession and Tech Stock Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-08-05 14:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>From Japan to Singapore, stock indexes in Asia Pacific were swimming in a sea of red on Monday, after dismal unemployment data in the United States triggered recession worries last Friday.</p><p>In Singapore, the Straits Times Index was down 4.8 per cent in afternoon trading, extending morning’s losses.</p><p>Local banks led the losses in value terms, with DBS Bank down 7%, while UOB lost 6.4% and OCBC Bank fell 5.7%.</p><p>In terms of other stocks, SIA fell 3.3%; Singtel fell 2.4%; Seatrium fell 3.4%; Sats and Yangzijiang Shipbuilding fell 7%; NIO and Keppel fell 3.9%; Genting Singapore fell 4.8%; while SGX rose 0.1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b47a075b0ca7ea6484dfce7b6d994b27\" title=\"\" tg-width=\"356\" tg-height=\"1715\"/></p><p>Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will be needed to rescue growth.</p><p>South Korean shares fell for a second straight session on Monday, with trading curbs activated for the first time in four years, as risk appetite dampened across global financial markets on U.S. recession fears.</p><p>The market rout underscores how quickly sentiment has shifted away from expectations that the Federal Reserve will be able to engineer a soft-landing for the US economy.</p><p style=\"text-align: left;\">Data on Aug 2 showed that US non-farm payrolls recorded one of the weakest prints since the Covid-19 pandemic and the jobless rate unexpectedly climbed for a fourth month to 4.3 per cent, above the Fed’s year-end forecast, triggering a closely watched recession indicator.</p><p style=\"text-align: left;\">Goldman Sachs Group economists increased the probability of a recession in the US over the next 12 months to 25 per cent from 15 per cent but said there were several reasons not to fear a slump, even after US unemployment jumped.</p><p style=\"text-align: left;\">But analysts at JPMorgan were more bearish, subscribing a 50 per cent probability to a US recession.</p><p style=\"text-align: left;\">Traders are projecting the Fed will cut rates by more than a full percentage point in 2024, with an increased chance of an outsized 50 basis-point cut in September, according to data compiled by Bloomberg. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185549728","content_text":"From Japan to Singapore, stock indexes in Asia Pacific were swimming in a sea of red on Monday, after dismal unemployment data in the United States triggered recession worries last Friday.In Singapore, the Straits Times Index was down 4.8 per cent in afternoon trading, extending morning’s losses.Local banks led the losses in value terms, with DBS Bank down 7%, while UOB lost 6.4% and OCBC Bank fell 5.7%.In terms of other stocks, SIA fell 3.3%; Singtel fell 2.4%; Seatrium fell 3.4%; Sats and Yangzijiang Shipbuilding fell 7%; NIO and Keppel fell 3.9%; Genting Singapore fell 4.8%; while SGX rose 0.1%.Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will be needed to rescue growth.South Korean shares fell for a second straight session on Monday, with trading curbs activated for the first time in four years, as risk appetite dampened across global financial markets on U.S. recession fears.The market rout underscores how quickly sentiment has shifted away from expectations that the Federal Reserve will be able to engineer a soft-landing for the US economy.Data on Aug 2 showed that US non-farm payrolls recorded one of the weakest prints since the Covid-19 pandemic and the jobless rate unexpectedly climbed for a fourth month to 4.3 per cent, above the Fed’s year-end forecast, triggering a closely watched recession indicator.Goldman Sachs Group economists increased the probability of a recession in the US over the next 12 months to 25 per cent from 15 per cent but said there were several reasons not to fear a slump, even after US unemployment jumped.But analysts at JPMorgan were more bearish, subscribing a 50 per cent probability to a US recession.Traders are projecting the Fed will cut rates by more than a full percentage point in 2024, with an increased chance of an outsized 50 basis-point cut in September, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335195995922440,"gmtCreate":1722841504905,"gmtModify":1722841508924,"author":{"id":"4176266811826032","authorId":"4176266811826032","authorIdStr":"4176266811826032","name":"Jeanario","avatar":"https://community-static.tradeup.com/news/af9d7031250e13032a5888abe8f24ee3","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176266811826032"},"themes":[],"htmlText":"I do see bear coming 😓 bleeding everywhere&nbsp;","listText":"I do see bear coming 😓 bleeding everywhere&nbsp;","text":"I do see bear coming 😓 bleeding everywhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335195995922440","repostId":"2457716512","repostType":2,"repost":{"id":"2457716512","pubTimestamp":1722841092,"share":"https://ttm.financial/m/news/2457716512?lang=&edition=fundamental","pubTime":"2024-08-05 14:58","market":"us","language":"en","title":"Bitcoin Continues to Bleed, Falls Below $50K","url":"https://stock-news.laohu8.com/highlight/detail?id=2457716512","media":"Coindesk","summary":"Bitcoin  continued its downward slide during the Asian trading hours on Monday, plunging below $50,000.At the time of writing, Bitcoin was trading near $49,200, a level last seen in late February.The sell-off in bitcoin and the overall crypto market has been triggered by a wider fall in the financial markets as the fears of global recession and rising tension in the Middle East has investors hitting the panic button.","content":"<html><head></head><body><p>Bitcoin (BTC) continued its downward slide during the Asian trading hours on Monday, plunging below $50,000.</p><p>At the time of writing, Bitcoin was trading near $49,200, a level last seen in late February.</p><p>The sell-off in bitcoin and the overall crypto market has been triggered by a wider fall in the financial markets as the fears of global recession and rising tension in the Middle East has investors hitting the panic button.</p><p></p></body></html>","source":"Coindesk","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Continues to Bleed, Falls Below $50K</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Continues to Bleed, Falls Below $50K\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-05 14:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/><strong>Coindesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (BTC) continued its downward slide during the Asian trading hours on Monday, plunging below $50,000.At the time of writing, Bitcoin was trading near $49,200, a level last seen in late February...</p>\n\n<a href=\"https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTC":"Grayscale Bitcoin Mini Trust"},"source_url":"https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2457716512","content_text":"Bitcoin (BTC) continued its downward slide during the Asian trading hours on Monday, plunging below $50,000.At the time of writing, Bitcoin was trading near $49,200, a level last seen in late February.The sell-off in bitcoin and the overall crypto market has been triggered by a wider fall in the financial markets as the fears of global recession and rising tension in the Middle East has investors hitting the panic button.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335161996656648,"gmtCreate":1722833204303,"gmtModify":1722836913828,"author":{"id":"3577182936341023","authorId":"3577182936341023","authorIdStr":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577182936341023"},"themes":[],"htmlText":"More poor job data n unemployment rate more than 4.5% by August will push fed cut 1st rate aggressively&nbsp;","listText":"More poor job data n unemployment rate more than 4.5% by August will push fed cut 1st rate aggressively&nbsp;","text":"More poor job data n unemployment rate more than 4.5% by August will push fed cut 1st rate aggressively","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335161996656648","repostId":"2457676848","repostType":2,"repost":{"id":"2457676848","pubTimestamp":1722830393,"share":"https://ttm.financial/m/news/2457676848?lang=&edition=fundamental","pubTime":"2024-08-05 11:59","market":"us","language":"en","title":"Goldman Economists Lift \"Limited\" US Recession Risk to 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=2457676848","media":"Bloomberg","summary":"LONDON - Goldman Sachs Group economists increased the probability of a recession in the United States in the next year to 25 per cent from 15 per cent but said there are several reasons not to fear a slump even after unemployment jumped.“We continue to see recession risk as limited,” the Goldman economists led by Jan Hatzius said on Aug 4.The economy continues to look “fine overall”, there are no major financial imbalances and the Federal Reserve has a lot of room to cut interest rates and can do so quickly if needed, they said.Last week ended with US jobs data showing that hiring had slowed markedly in July and unemployment had risen to the highest in almost three years, raising concerns of a slowdown and fears the Fed has waited too long to cut interest rates.Goldman Sachs to raise headcount in asset and wealth management as it expands in Asia","content":"<html><head></head><body><ul style=\"\"><li><p>Goldman says data looks ‘fine’ and Fed has room to cut</p></li><li><p>Economists predict Fed cutting a quarter point in September</p></li></ul><p>Goldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 15%, but said there are several reasons not to fear a slump even after unemployment jumped.</p><p style=\"text-align: start;\">“We continue to see recession risk as limited,” the Goldman economists led by Jan Hatzius said in a report to clients on Sunday.</p><p style=\"text-align: start;\">The economy continues to look “fine overall,” there are no major financial imbalances and the Federal Reserve has a lot of room to cut interest rates and can do so quickly if needed, they said.</p><h3 id=\"id_3689730780\">Weakness Beyond the Topline US Jobs Figures</h3><p>More Americans considered long-term unemployed, working part-time for economic reasons</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/83d6448129c20b2b8ff60884b7b83b8b\" tg-width=\"766\" tg-height=\"670\"/></p><p>Last week ended with US jobs data showing that hiring had slowed markedly in July and unemployment had risen to the highest in almost three years, raising concerns of a slowdown and fears the Fed has waited too long to cut interest rates.</p><p>Goldman’s Fed forecasts are less aggressive than those of JPMorgan Chase &amp; Co. and Citigroup. Hatzius’s team expects the central bank will reduce its benchmark by 25 basis points in September, November and December. By contrast, JPMorgan and Citigroup revamped their forecasts to predict policymakers will deliver a half-point cut in September.</p><p>“The premise of our forecast is that job growth will recover in August and the FOMC will judge 25bp cuts a sufficient response to any downside risks,” the Goldman Sachs economists said. “If we are wrong and the August employment report is as weak as the July report, than a 50bp cut would be likely in September.”</p><p>The economists added that they are skeptical the labor market is at risk of deteriorating rapidly in part because job openings indicate demand remains solid and there has been no obvious shock to spark a downturn.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Economists Lift \"Limited\" US Recession Risk to 25%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Economists Lift \"Limited\" US Recession Risk to 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-05 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-08-04/goldman-economists-lift-limited-us-recession-risk-to-25?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman says data looks ‘fine’ and Fed has room to cutEconomists predict Fed cutting a quarter point in SeptemberGoldman Sachs Group Inc. economists increased the probability of a US recession in the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-08-04/goldman-economists-lift-limited-us-recession-risk-to-25?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2024-08-04/goldman-economists-lift-limited-us-recession-risk-to-25?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2457676848","content_text":"Goldman says data looks ‘fine’ and Fed has room to cutEconomists predict Fed cutting a quarter point in SeptemberGoldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 15%, but said there are several reasons not to fear a slump even after unemployment jumped.“We continue to see recession risk as limited,” the Goldman economists led by Jan Hatzius said in a report to clients on Sunday.The economy continues to look “fine overall,” there are no major financial imbalances and the Federal Reserve has a lot of room to cut interest rates and can do so quickly if needed, they said.Weakness Beyond the Topline US Jobs FiguresMore Americans considered long-term unemployed, working part-time for economic reasonsLast week ended with US jobs data showing that hiring had slowed markedly in July and unemployment had risen to the highest in almost three years, raising concerns of a slowdown and fears the Fed has waited too long to cut interest rates.Goldman’s Fed forecasts are less aggressive than those of JPMorgan Chase & Co. and Citigroup. Hatzius’s team expects the central bank will reduce its benchmark by 25 basis points in September, November and December. By contrast, JPMorgan and Citigroup revamped their forecasts to predict policymakers will deliver a half-point cut in September.“The premise of our forecast is that job growth will recover in August and the FOMC will judge 25bp cuts a sufficient response to any downside risks,” the Goldman Sachs economists said. “If we are wrong and the August employment report is as weak as the July report, than a 50bp cut would be likely in September.”The economists added that they are skeptical the labor market is at risk of deteriorating rapidly in part because job openings indicate demand remains solid and there has been no obvious shock to spark a downturn.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}]}