Tag: Raising Yields

Recession Concerns Rising – Weekly Update

May 23, 2022 | By Steven DiGregorio

Trending Lower Stock prices remained in a downtrend, capped by a sell-off on Wednesday following a succession of disappointing earnings reports from several major retailers. Despite solid April retail sales and industrial production data, weak economic numbers from China and shrinking profit margins at U.S. retailers fanned recession fears throughout the week. Rising yields, which […] READ MORE