Today, a quick overview of what's going on in the financial and economic world.
(Plus a discussion of the hunt for beauty in the mundane.)
Stocks seem to be caught in a volatile pattern as Q1 earnings season heats up. Something surprising could trigger a big move, but it's hard to predict anything with certainty.
A potentially bigger concern: A number of economists think that a recession may be on the horizon.(1)
The latest forecast by the International Monetary Fund predicts that Russia's invasion of Ukraine is going to take a chunk out of global growth this year and next.(2) Fannie Mae is forecasting slowing growth in 2022 and a recession in 2023.3 When multiple forecasts start pointing in the same general direction, it’s worth paying attention. So, what do we do with that information right now?