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- GiedrillGiedrill
  ·2022-08-05
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  Jobs Friday Is Here, The Data Could Show a Slowdown
  Jobs growth likely decelerated in July as the broader U.S. labor market showed signs of cooling, ref
  Jobs Friday Is Here, The Data Could Show a Slowdown
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- GiedrillGiedrill
  ·2022-07-02
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  Tiger Chart | Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022; Energy Was the Only Winner
  In 2022 H1, it began with spiking cases of COVID-19 due to the Omicron variant, then came Russia - U
  Tiger Chart | Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022; Energy Was the Only Winner
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Economists are forecasting the U.S. economy added 258,000 jobs last month, consensus expectations show, with the unemployment rate holding steady at 3.6%.</p><p><img src=\"https://static.tigerbbs.com/d4711f95c440e096841a40f3f7c2b265\" tg-width=\"1052\" tg-height=\"650\" width=\"100%\" height=\"auto\"/></p><p>That pace would mark a notable slowdown from the previous three-month average of roughly 375,000 jobs added per month. It would still show fairly healthy, positive growth roughly on par with prepandemic levels—the economy was adding roughly 264,000 jobs monthly in the three months ending January 2020—but it would cement a broader trend toward softening throughout the labor market that has become clearer in recent weeks.</p><p>While the labor market has for months been among the strongest elements—if not the strongest—of a fragile economy, recent government data suggests it could be past its peak. Data this week showed job openings in June falling more than expected and unemployment claims clearly rising.</p><p>For July, economists also expect average hourly wages to have risen 0.3% over the month, roughly matching last month’s pace and marking a slight slowdown from late 2021 and early this year.</p><p>Given the strength of job growth and resilience in hiring over the past year, the recent downward trend means the labor market overall still remains strong for now. Some loosening in the labor market is both necessary and expected in order for the Fed to try to rein in inflation, too. And if Friday’s data comes in roughly in line with expectations, Fed Chairman Jerome Powell and members of the central bank’s Federal Open Market Committee will likely welcome the subtle slowdown without adjusting their path forward, economists say.</p><p>“With inflation still raging and FOMC members, including Chair Powell, acknowledging that an ‘over-tight’ labor market is contributing to price pressures, we suspect the Fed will be undeterred by the recent slowing in activity both inside and outside the labor market,” Wells Fargo economists Sarah House and Michael Pugliese wrote Thursday. “And it will push ahead with raising the fed funds rate to around 4% in the coming months.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobs Friday Is Here, The Data Could Show a Slowdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobs Friday Is Here, The Data Could Show a Slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-05 17:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jobs growth likely decelerated in July as the broader U.S. labor market showed signs of cooling, reflecting the impact of higher prices, rising interest rates, and a slowing economy.</p><p>The July jobs report, to be released Friday at 8:30 a.m., will offer the most comprehensive picture yet of just how well the labor market has been able to withstand the Federal Reserve’s aggressive pace of monetary policy tightening and a recent slowdown in consumer spending. Economists are forecasting the U.S. economy added 258,000 jobs last month, consensus expectations show, with the unemployment rate holding steady at 3.6%.</p><p><img src=\"https://static.tigerbbs.com/d4711f95c440e096841a40f3f7c2b265\" tg-width=\"1052\" tg-height=\"650\" width=\"100%\" height=\"auto\"/></p><p>That pace would mark a notable slowdown from the previous three-month average of roughly 375,000 jobs added per month. It would still show fairly healthy, positive growth roughly on par with prepandemic levels—the economy was adding roughly 264,000 jobs monthly in the three months ending January 2020—but it would cement a broader trend toward softening throughout the labor market that has become clearer in recent weeks.</p><p>While the labor market has for months been among the strongest elements—if not the strongest—of a fragile economy, recent government data suggests it could be past its peak. Data this week showed job openings in June falling more than expected and unemployment claims clearly rising.</p><p>For July, economists also expect average hourly wages to have risen 0.3% over the month, roughly matching last month’s pace and marking a slight slowdown from late 2021 and early this year.</p><p>Given the strength of job growth and resilience in hiring over the past year, the recent downward trend means the labor market overall still remains strong for now. Some loosening in the labor market is both necessary and expected in order for the Fed to try to rein in inflation, too. And if Friday’s data comes in roughly in line with expectations, Fed Chairman Jerome Powell and members of the central bank’s Federal Open Market Committee will likely welcome the subtle slowdown without adjusting their path forward, economists say.</p><p>“With inflation still raging and FOMC members, including Chair Powell, acknowledging that an ‘over-tight’ labor market is contributing to price pressures, we suspect the Fed will be undeterred by the recent slowing in activity both inside and outside the labor market,” Wells Fargo economists Sarah House and Michael Pugliese wrote Thursday. “And it will push ahead with raising the fed funds rate to around 4% in the coming months.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198183547","content_text":"Jobs growth likely decelerated in July as the broader U.S. labor market showed signs of cooling, reflecting the impact of higher prices, rising interest rates, and a slowing economy.The July jobs report, to be released Friday at 8:30 a.m., will offer the most comprehensive picture yet of just how well the labor market has been able to withstand the Federal Reserve’s aggressive pace of monetary policy tightening and a recent slowdown in consumer spending. Economists are forecasting the U.S. economy added 258,000 jobs last month, consensus expectations show, with the unemployment rate holding steady at 3.6%.That pace would mark a notable slowdown from the previous three-month average of roughly 375,000 jobs added per month. It would still show fairly healthy, positive growth roughly on par with prepandemic levels—the economy was adding roughly 264,000 jobs monthly in the three months ending January 2020—but it would cement a broader trend toward softening throughout the labor market that has become clearer in recent weeks.While the labor market has for months been among the strongest elements—if not the strongest—of a fragile economy, recent government data suggests it could be past its peak. Data this week showed job openings in June falling more than expected and unemployment claims clearly rising.For July, economists also expect average hourly wages to have risen 0.3% over the month, roughly matching last month’s pace and marking a slight slowdown from late 2021 and early this year.Given the strength of job growth and resilience in hiring over the past year, the recent downward trend means the labor market overall still remains strong for now. Some loosening in the labor market is both necessary and expected in order for the Fed to try to rein in inflation, too. And if Friday’s data comes in roughly in line with expectations, Fed Chairman Jerome Powell and members of the central bank’s Federal Open Market Committee will likely welcome the subtle slowdown without adjusting their path forward, economists say.“With inflation still raging and FOMC members, including Chair Powell, acknowledging that an ‘over-tight’ labor market is contributing to price pressures, we suspect the Fed will be undeterred by the recent slowing in activity both inside and outside the labor market,” Wells Fargo economists Sarah House and Michael Pugliese wrote Thursday. “And it will push ahead with raising the fed funds rate to around 4% in the coming months.”","news_type":1,"symbols_score_info":{"NQmain":0.9,"ESmain":0.9,"YMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044942623,"gmtCreate":1656698579962,"gmtModify":1676535879147,"author":{"id":"4108410267132720","authorId":"4108410267132720","name":"Giedrill","avatar":"https://community-static.tradeup.com/news/c69cc8a1ec25527c1550f69d36d87f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4108410267132720","idStr":"4108410267132720"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044942623","repostId":"1102372049","repostType":4,"repost":{"id":"1102372049","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1656664923,"share":"https://ttm.financial/m/news/1102372049?lang=en_US&edition=fundamental","pubTime":"2022-07-01 16:42","market":"us","language":"en","title":"Tiger Chart | Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022; Energy Was the Only Winner","url":"https://stock-news.laohu8.com/highlight/detail?id=1102372049","media":"Tiger Newspress","summary":"In 2022 H1, it began with spiking cases of COVID-19 due to the Omicron variant, then came Russia - U","content":"<html><head></head><body><p>In 2022 H1, it began with spiking cases of COVID-19 due to the Omicron variant, then came Russia - Ukraine war, decades-high inflation and aggressive interest rate hikes from the Federal Reserve, all three major U.S. stock indexes ended in negative territory, with the S&amp;P 500 declining 20.58%, notching its steepest first-half percentage drop since 1970.</p><p>The Nasdaq had its largest-ever January-June percentage drop tumbling 29.51%, while the Dow suffered its biggest first-half percentage plunge since 1962, crashing 15.31%.</p><p>Meanwhile, VIX soared nearly 67% in H1 2022.</p><p><img src=\"https://static.tigerbbs.com/5815e5fb2947c5dfc11deaac3cc7dfdd\" tg-width=\"1500\" tg-height=\"1700\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><b>Energy Sector Was the Only Winner</b></p><p>From the perspective of 11 S&amp;P500 sectors, energy was the only winner with a 23.95% gain, aided by crude prices spiking oversupply concerns due to Russia-Ukraine conflict.</p><p>Meanwhile, five S&amp;P500 sectors fell over 20% in H1 2022, the technology sector was the biggest loser with a 34.01% decline due to the Fed&#39;s rate hikes.</p><p><img src=\"https://static.tigerbbs.com/3fc7a7e6e0586095a533d78147d8304d\" tg-width=\"1500\" tg-height=\"1700\" width=\"100%\" height=\"auto\"/>&#34;All year it’s been a tug-of-war between inflation and slowing growth, balancing tightening financial conditions to address inflation concerns but trying to avoid outright panic,&#34; said Paul Kim, chief executive officer at Simplify ETFs in New York. &#34;I think we are more than likely already in a recession and right now the only question is how harsh will the recession be?&#34;</p><p>&#34;I think it’s very unlikely that we’ll see a soft landing,&#34; Kim added.</p><p><b>Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022 As Recession Fears Rose</b></p><p><img src=\"https://community-static.tradeup.com/news/1c0816c071e146939a083f4f43042ef4\" tg-width=\"1500\" tg-height=\"1700\" width=\"100%\" height=\"auto\"/>Mega-cap companies also experienced a hard time in H1 2022. Nvidia was the biggest loser in the top 10 U.S. companies, tumbling 48.46%; Tesla was kicked out of the $1 trillion clubs after crashing 36.29%, Apple, Microsoft, Alphabet and Amazon slid 20%. However, UnitedHealth and J&amp;J were the winners by rising 2.29% and 3.76%, separately.</p><p>Moreover, Tesla and SpaceX CEO Musk spoke about the possibility of an upcoming recession. He expected the economy to suffer for 12 to 18 months and noted that companies with a negative cash flow needed to fold in order for this to happen so that they can &#34;stop consuming resources.&#34;</p><p>Musk himself is feeling the pressure— in early June, he wrote an email to Tesla employees saying he had a &#34;super bad feeling&#34; about the state of the economy and planned to cut 10% of the company&#39;s total workforce.</p><p>This week, Chief executive Mark Zuckerberg delivered the news to employees delivering a pointed warning that coincides with a wave of layoffs at Australian startups.</p><p>“If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history,” said Zuckerberg.</p><p>Meta had initially planned to hire 10,000 new engineers in 2022, Zuckerberg said. In addition to reducing hiring, the company was leaving certain positions unfilled in response to attrition and “turning up the heat” on performance management to weed out staffers unable to meet more aggressive goals, he said. “Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Zuckerberg said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Chart | Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022; Energy Was the Only Winner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Chart | Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022; Energy Was the Only Winner\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-01 16:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>In 2022 H1, it began with spiking cases of COVID-19 due to the Omicron variant, then came Russia - Ukraine war, decades-high inflation and aggressive interest rate hikes from the Federal Reserve, all three major U.S. stock indexes ended in negative territory, with the S&amp;P 500 declining 20.58%, notching its steepest first-half percentage drop since 1970.</p><p>The Nasdaq had its largest-ever January-June percentage drop tumbling 29.51%, while the Dow suffered its biggest first-half percentage plunge since 1962, crashing 15.31%.</p><p>Meanwhile, VIX soared nearly 67% in H1 2022.</p><p><img src=\"https://static.tigerbbs.com/5815e5fb2947c5dfc11deaac3cc7dfdd\" tg-width=\"1500\" tg-height=\"1700\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><b>Energy Sector Was the Only Winner</b></p><p>From the perspective of 11 S&amp;P500 sectors, energy was the only winner with a 23.95% gain, aided by crude prices spiking oversupply concerns due to Russia-Ukraine conflict.</p><p>Meanwhile, five S&amp;P500 sectors fell over 20% in H1 2022, the technology sector was the biggest loser with a 34.01% decline due to the Fed&#39;s rate hikes.</p><p><img src=\"https://static.tigerbbs.com/3fc7a7e6e0586095a533d78147d8304d\" tg-width=\"1500\" tg-height=\"1700\" width=\"100%\" height=\"auto\"/>&#34;All year it’s been a tug-of-war between inflation and slowing growth, balancing tightening financial conditions to address inflation concerns but trying to avoid outright panic,&#34; said Paul Kim, chief executive officer at Simplify ETFs in New York. &#34;I think we are more than likely already in a recession and right now the only question is how harsh will the recession be?&#34;</p><p>&#34;I think it’s very unlikely that we’ll see a soft landing,&#34; Kim added.</p><p><b>Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022 As Recession Fears Rose</b></p><p><img src=\"https://community-static.tradeup.com/news/1c0816c071e146939a083f4f43042ef4\" tg-width=\"1500\" tg-height=\"1700\" width=\"100%\" height=\"auto\"/>Mega-cap companies also experienced a hard time in H1 2022. Nvidia was the biggest loser in the top 10 U.S. companies, tumbling 48.46%; Tesla was kicked out of the $1 trillion clubs after crashing 36.29%, Apple, Microsoft, Alphabet and Amazon slid 20%. However, UnitedHealth and J&amp;J were the winners by rising 2.29% and 3.76%, separately.</p><p>Moreover, Tesla and SpaceX CEO Musk spoke about the possibility of an upcoming recession. He expected the economy to suffer for 12 to 18 months and noted that companies with a negative cash flow needed to fold in order for this to happen so that they can &#34;stop consuming resources.&#34;</p><p>Musk himself is feeling the pressure— in early June, he wrote an email to Tesla employees saying he had a &#34;super bad feeling&#34; about the state of the economy and planned to cut 10% of the company&#39;s total workforce.</p><p>This week, Chief executive Mark Zuckerberg delivered the news to employees delivering a pointed warning that coincides with a wave of layoffs at Australian startups.</p><p>“If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history,” said Zuckerberg.</p><p>Meta had initially planned to hire 10,000 new engineers in 2022, Zuckerberg said. In addition to reducing hiring, the company was leaving certain positions unfilled in response to attrition and “turning up the heat” on performance management to weed out staffers unable to meet more aggressive goals, he said. “Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Zuckerberg said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌","NVDA":"英伟达","BRK.B":"伯克希尔B","V":"Visa",".SPX":"S&P 500 Index","GOOGL":"谷歌A","TSLA":"特斯拉","UNH":"联合健康","JNJ":"强生",".IXIC":"NASDAQ Composite","AAPL":"苹果","VIX":"标普500波动率指数",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102372049","content_text":"In 2022 H1, it began with spiking cases of COVID-19 due to the Omicron variant, then came Russia - Ukraine war, decades-high inflation and aggressive interest rate hikes from the Federal Reserve, all three major U.S. stock indexes ended in negative territory, with the S&P 500 declining 20.58%, notching its steepest first-half percentage drop since 1970.The Nasdaq had its largest-ever January-June percentage drop tumbling 29.51%, while the Dow suffered its biggest first-half percentage plunge since 1962, crashing 15.31%.Meanwhile, VIX soared nearly 67% in H1 2022.Energy Sector Was the Only WinnerFrom the perspective of 11 S&P500 sectors, energy was the only winner with a 23.95% gain, aided by crude prices spiking oversupply concerns due to Russia-Ukraine conflict.Meanwhile, five S&P500 sectors fell over 20% in H1 2022, the technology sector was the biggest loser with a 34.01% decline due to the Fed's rate hikes.\"All year it’s been a tug-of-war between inflation and slowing growth, balancing tightening financial conditions to address inflation concerns but trying to avoid outright panic,\" said Paul Kim, chief executive officer at Simplify ETFs in New York. \"I think we are more than likely already in a recession and right now the only question is how harsh will the recession be?\"\"I think it’s very unlikely that we’ll see a soft landing,\" Kim added.Nvidia, Tesla and Amazon Crashed Over 30% in H1 2022 As Recession Fears RoseMega-cap companies also experienced a hard time in H1 2022. Nvidia was the biggest loser in the top 10 U.S. companies, tumbling 48.46%; Tesla was kicked out of the $1 trillion clubs after crashing 36.29%, Apple, Microsoft, Alphabet and Amazon slid 20%. However, UnitedHealth and J&J were the winners by rising 2.29% and 3.76%, separately.Moreover, Tesla and SpaceX CEO Musk spoke about the possibility of an upcoming recession. He expected the economy to suffer for 12 to 18 months and noted that companies with a negative cash flow needed to fold in order for this to happen so that they can \"stop consuming resources.\"Musk himself is feeling the pressure— in early June, he wrote an email to Tesla employees saying he had a \"super bad feeling\" about the state of the economy and planned to cut 10% of the company's total workforce.This week, Chief executive Mark Zuckerberg delivered the news to employees delivering a pointed warning that coincides with a wave of layoffs at Australian startups.“If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history,” said Zuckerberg.Meta had initially planned to hire 10,000 new engineers in 2022, Zuckerberg said. In addition to reducing hiring, the company was leaving certain positions unfilled in response to attrition and “turning up the heat” on performance management to weed out staffers unable to meet more aggressive goals, he said. “Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Zuckerberg said.","news_type":1,"symbols_score_info":{"AMZN":0.9,".DJI":0.9,"BRK.A":0.9,".SPX":0.9,"MSFT":0.9,"V":0.9,"VIXmain":0.9,"JNJ":0.9,".IXIC":0.9,"GOOG":0.9,"AAPL":0.9,"NVDA":0.9,"GOOGL":0.9,"VIX":0.9,"BRK.B":0.9,"TSLA":0.9,"UNH":0.9}},"isVote":1,"tweetType":1,"viewCount":1884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}