Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today’s economy. Here are 3 stocks she likes now

‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today’s economy. Here are 3 stocks she likes now Real GDP in the U.S. declined at an annual rate of 0.9% in Q2 – and that’s after a 1.6% drop in Q1. While politicians refuse to use the … Read more

Floods warning as negative IOD declared, La Nina watch remains – Daily – Insurance News

Australia’s east coast faces “elevated” flood risk in the coming months through to spring following the formal declaration of a negative Indian Ocean Dipole (IOD) event, the Bureau of Meteorology (BOM) says. The BOM’s latest Climate Driver Update also maintained its “watch” notice for La Nina, meaning there is around a 50% chance of the … Read more

Procter & Gamble Sounds a Warning After Strong Quarter

Updated July 29, 2022 9:17 pm ET Listen to article (2 minutes) Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tightening is beginning to hit household staples. The outlook comes after the Cincinnati-based consumer-products giant on Friday reported its biggest annual sales increase … Read more

walmart: US stocks drop as Walmart profit warning spooks investors

U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending. Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to … Read more