Tag Archives: recession

20% Gain Possible For Steven Madden Stock Post-Covid 

Comparing the trend in Steve Madden’s stock, a company designing and retailing fashion footwear, handbags and accessories, over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could likely gain 20% to around the level of $26…

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Coronavirus: One in three UK companies expect to cut jobs by September, poll finds 

Wave of job cuts set to hit construction, manufacturing and IT – as Britain expected to enter recession this week

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Recession in real time: how big data can track the Covid slump 

Official economic data for June will be out this week. But unconventional indicators can help gauge conditions right nowThis week it will be confirmed that Britain’s economy is in the deepest recession for at least a century. Yet only a few days ago, the Bank of England heralded a return to growth, forecasting a more rapid recovery than previously feared.Off […]

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UK recession will be less severe than feared but unemployment to surge, says Bank of England 

GDP to shrink 9.5 per cent this year – less severe than the 14 per cent which had been forecast – but Bank warns of surge in unemployment amid ‘unusually uncertain’ outlook

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Tanzania Expects Economic Growth Post Covid-19 

[The Exchange] While most other East African countries are expected to fall into a recession for the remainder of the year, Tanzania’s economy is actually expected to grow.

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Eurozone enters deepest-ever recession as economy shrinks 12.1 per cent 

Spain and France both record precipitous slumps as coronavirus batters economies across the Continent

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US economy shrank at record-breaking 33 per cent rate last quarter 

Last quarter’s drop followed a 5 per cent fall in the January-March quarter, during which the economy officially entered a recession triggered by the virus, ending an 11-year economic expansion, the longest on record in the United States.

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Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown 

Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.

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These 4 economic signals suggest the COVID-19 recovery is losing steam as cases spike 

High-frequency economic data shows that in the last few weeks, the initially swift V-shaped recovery may be slowing down.  Last week, the June jobs report showed that the US economy added a record 4.8 million jobs, the second month of gains in the recovery from the pandemic recession.  But the report showed only the first few weeks of June and thus didn […]

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Markets slide as EC predicts deeper eurozone recession – business live 

Rolling coverage of the latest economic and financial news, as the EC warns that the eurozone will shrink by 8.7% this yearLatest: EC slashes GDP forecasts after lockdownUK house prices drop for fourth month runningIntroduction: China stock market hits five-year highMarkets heading back to 2015 levels…but is it a bubble?European markets are down 1% 3.46pm […]

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Eurozone recession ‘will be deeper than forecast’ 

France, Italy and Spain will be hit particularly hard by the Covid-19 pandemic, the EC says

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Surge In Coronavirus Cases Could Short-Circuit Economic Recovery 

Restaurants, retail shops, and other service industries are starting to bounce back from the deep recession. But those gains could be jeopardized by a rise in new coronavirus infections.

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America’s housing market is so far unfazed by recession 

The property market seems strangely oblivious to the economic carnage around it

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Recast, Refocused Yet Unloved: Why Investors Appear To Be Undervaluing Raytheon Stock 

Comparing the pre- & post-merger trends in Raytheon Technologies’ stock over recent months with the trajectory after the Great Recession of 2008, we believe that the stock can potentially gain more than 15% from its current level of $60 as the commercial aviation demand rises and integration…

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