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Marketwatch (September 20)

2022/ 09/ 22 by jd in Global News

“The number of millionaires in the world is set to nearly double by 2026, despite rising interest rates, looming recession fears and a recent plunge in net worth for some of the world’s wealthiest people.” All told, the number of millionaires “is expected to jump 40% and reach 87.5 million over the next five years.”

 

Forbes (May 19)

2022/ 05/ 20 by jd in Global News

“As bitcoin and crypto traders come to terms with the huge price crash that’s wiped $1 trillion from the combined crypto market since April, fears are mounting that more pain could be on the way if stock market contagion spreads.”

 

MarketWatch (May 15)

2022/ 05/ 16 by jd in Global News

“A big bounce for stocks on Friday still leaves the main U.S. stock market benchmark close to entering a bear market as investors fret over the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation.”

 

Philadelphia Inquirer (July 6)

2021/ 07/ 08 by jd in Global News

“Interviews with doctors and nurses in the Philadelphia region revealed a sense of relief over a waning pandemic leavened by fears that the virus could surge again. They use different terms to describe what almost a year and a half of being on the front lines of treating COVID-19 has done. Moral injury. Trauma. Burnout. PTSD.” Even now, these “drained health care workers must still maintain a busy schedule as hospitals face a glut of patients who had put off health care out of fears of contracting the virus.”

 

San Francisco Chronicle (December 1)

2020/ 12/ 02 by jd in Global News

“California reported a record number of COVID-19 hospitalizations, reaching a somber milestone that shows the virus is more widespread than ever…. Hospitalizations in California have more than doubled in two weeks” and fears are mounting that “facilities could be overwhelmed.”

 

Financial Times (November 16)

2020/ 11/ 17 by jd in Global News

“The US economy is facing an accelerating surge in coronavirus cases and harsh new restrictions on business activity without the cushion of meaningful fiscal support, raising fears of a blow to the recovery.” The market has rallied on vaccine advances, but “the deteriorating health situation across the country presents an imminent threat to the US economy as the winter months approach.”

 

Wall Street Journal (June 10)

2020/ 06/ 12 by jd in Global News

“Growing fears of a surge in coronavirus infections sent the stock market tumbling Thursday, pulling the Dow Jones Industrial Average down more than 1,800 points for its worst day since March.” In recent days “investors have gotten more signs that the smooth reopening they have been hoping for may be increasingly difficult to achieve—throwing into doubt their hopes for a nascent economic recovery.”

 

Wall Street Journal (April 16)

2020/ 04/ 18 by jd in Global News

“Can we please stop talking about “reopening” the U.S. economy?… There is no on-off switch. Swaths of the economy—restaurants, travel, retail shops—were already shrinking before governments ordered them shut, because people were afraid to dine, travel or shop. These fears will abate gradually, with the pace dictated by the course of the virus, not by anybody’s decree.”

 

Bloomberg (February 4)

2020/ 02/ 06 by jd in Global News

“Fears that the coronavirus will ravage global supply chains rooted in China are spreading fast.” For some industries this could be a blessing. “A hiatus from production in the world’s largest car market may force” automakers “to take some needed rebalancing.” Overcapacity and production are running rife. “China’s factories have the capacity to make over 60 million vehicles a year. Only a third of that number are sold. Yet carmakers seem unable to, well, stop making cars.”

 

Forbes (January 13)

2020/ 01/ 14 by jd in Global News

“Recession fears are back in full force: 97% of CFOs said that an economic downturn has already begun or will begin in 2020—up from 88% who said the same thing last year, according to Deloitte’s latest CFO Signals Survey.”

 

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