Wall Street

This ominous trend spells a hard landing for economy

by

[ad_1] Investors may want to brace for a hard landing. According to the Economic Cycle Research Institute, the recent bank failures reinforce a recession is imminent and there is a chart reflecting it. “We’re seeing lots of symptoms [of a significant downturn] when you have crises,” the institute’s co-founder Lakshman Achuthan told CNBC’s ” Fast … Read more

Dividend stocks beat the market during recessions. UBS gives 10 with the most upside

by

[ad_1] Dividend stocks may be the way to go for investors as a recession becomes more likely, according to UBS. Dividend stocks on average outperformed the market by 4.5% during the 2001, 2008 and 2020 recessions, the bank said. U.S. equity product manager Joseph Parkhill noted that these stocks can provide a cushion for investor … Read more