Daily Newsletter for March 30, 2023

57% Of CEOs Predict The US Will Enter A Recession AsBusiness Conditions Worsen
A recession may be looming over the horizon in the U.S. as inflation continues its ascent and measures to contain it have yet to bear significant fruit. For CEOs across the U.S., this does not foretell a promising[1] near future. On Wednesday, Conference Board published[2] its latest survey of CEO

Russia Will Force Oil Buyers To Pay More If EU IntroducesTariffs
Buyers will have to pay more for oil or seek alternative supplies if the EU decides to impose import tariffs on Russia’s oil, Kremlin Spokesman Dmitry Peskov said on Wednesday. “Buyers of oil will have to pay more or look for alternative sources,” Peskov told reporters in Moscow, as carried

XAU/USD suffers from clinging above$1800 amidst risk-aversion
On Wednesday, the non-yielding metal is almost flat as investors assess the pace of the Feds tightening. A buoyant US Dollar keeps gold defensive, though holding above $1800. TD Securities analysts report that Gold ETF holdings have fallen for a ninth consecutive day. Gold Price Forecast (XAU/USD): The bias is

How This Bear Market Is Evolving
Although we never hear any mention of this in the business media, the current correction in the market started way back in February 2021. That is when groups like SPACs, biotechnology, meme stocks, cannabis, and other high speculation areas topped and started to roll over. Market pundits and the financial

What Does a Stock Price Below Its IPO Price Signal? Motley Fool
In this podcast, Motley Fool senior analyst Bill Mann discusses: Why he believes that “poor uses of capital have not been punished.” Why anchoring to 52-week highs and lows is dangerous. The level of concern over rolling lockdowns in China. Motley Fool host Alison Southwick and Motley Fool personal finance