BusinessMotley FoolThis Recession Indicator Has Been Foolproof for 70 Years: Here's What It Says Happens Next
When the curtain closed on 2022, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and technology-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) all entered respective bear markets and produced their worst returns since 2008. The abysmal performance of these core stock indexes has a lot of investors asking whether a U.S. recession is unavoidable. Unfortunately, there is no crystal ball that allows us to look into the future and know with concrete certainty whether a recession is coming.
NewsBloombergOil’s New Map: How India Turns Russia Crude Into the West’s Fuel
(Bloomberg) -- India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and the US.Most Read from BloombergUS Downs Chinese Balloon, Prompting Protests from BeijingTrump Offers $1 Million Bond to Appeal Clinton Suit SanctionsFrom China to Big Sky: The Balloon That Unnerved the White HouseThousands Mistake US Research Balloon for Chinese Spy CraftWhat You Need to Know About the Suspected Chinese Spy Balloon
- BusinessOilprice.com
Is The Fed Finally Winding Down Its Fight Against Inflation?
The recent 25-point rate hike has sparked optimism in markets, but the Fed could still hike rates in the future
