Europe and the UK are ‘heading into a recession’ now

Perpetual’s Head of Investment Strategy Matthew Sherwood says Europe and the UK are “heading into a recession right now”, with Europe expected to be “the big drag” on global earnings by mid-2023.

Mr Sherwood discussed the issue of global earnings and indicators of a recession with Sky News Business Editor Ross Greenwood.

[jennyohara]

Hang on, first send another 327 Billion dollars to Ukraine

[imantifeminism]

Europe & UK are finished, comes winter & they'll be goodbye

[notafreespeechplatform]

Australia by March, they're saying.
How'd the coofie measures and sanctions against Russia working out?

[David_Camerwrongun]

The sky is falling!
We're in recession have been for a while and just like the last man made one it can be reversed once enough people have made enough money.
Wait until the depression hits then things get interesting

[paulveenings]

I blame Putin for making us give all that money to Ukraine .

[brownhilton]

Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

[coconat]

they are already in a recession, and so is Australia. Stop sugar coating what’s going on.

[kmay]

Best recession ever. Don't think I've ever been this busy in UK.

[Nabraska]

So the economic short to long term outlook is bad but it’s only going to get worse..

[annettajensen]

😂😂 this is old news. They have been in a recession for a while now.

[westbw]

Weird how it waited until after midterms lol

[paulgibbons]

Capitalism is sxxt. Let's be honest.