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Markets

This JPMorgan portfolio manager says he isn’t betting on a US recession

In a wobbly stock market, Phil Camporeale, a portfolio manager at JPMorgan Chase & Co., is betting the US will avoid a recession. Rising interest rates are the “number one culprit this year for the volatility and the chaos” seen in the market, said Camporeale, a portfolio manager for JP Morgan Asset Management’s global allocation […]

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Markets

Malaysia’s Economy Grew Faster Than Expected in First Quarter Amid Recovery in Labor Market

By Chester Tay Malaysia’s economy expanded at a faster-than-expected pace in the first quarter, driven by consumption activities amid a recovery in labor market conditions. The economy grew 5.0% from a year earlier, Malaysia’s central bank said Friday. In the fourth quarter, the trade-and-transit hub’s gross domestic product climbed 3.6%, buoyed by easing pandemic restrictions […]

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Personal Finance

Is Another Recession Coming in the US? Watch for These Warning Signs | Family Finance

After growing for six consecutive quarters following the short, steep Covid-induced recession in early 2020, the US gross domestic product slipped by 1.4% in the first quarter of this year. The drop, which surprised some economists, is just one more sign that the US economy is beginning to slow. That’s not necessarily a bad thing. […]

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Economy

Opinion: Keep calm — there’s no recession on the way. These 13 stocks may rise as investors figure this out

A so-called hard landing of the US economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below. If I am right, it confirms what extremely negative sentiment is already telling us: Stocks […]