Bond market says not only is a recession coming, but the Fed will cut interest rates to stop it

The bond market doubled down on scary warnings Monday, signaling both a possible recession is looming and that the Fed could have to cut interest rates this year to stop it.

People are starting to get fearful, said Andrew Brenner of National Alliance. It wont last for long, but theyre getting fearful about a recession. You had a Fed that changed course 180 degrees and then added to it last week. That caught the market off guard.

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JP Morgan: Don’t panic about profit margins

For investors worried about rising costs biting into corporate margins, J.P. Morgan said dont worry.

Margins are looking stretched with headline EPS margins moving up consecutively over the last few years, making investors believe they can only go lower from here. Adding to the concerns is the late stage of the economic cycle and the increasing pressure from higher costs. Although lower margins are on the horizon, the impact will be limited and it will create buying opportunities, according to J.P. Morgans equity strategist Mislav Matejka.

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U.S. auto sales seen falling in March: J.D. Power, LMC Automotive

FRANKFURT, March 26 (Reuters) - The shift in the U.S. Federal Reserve’s interest rate projection at its March meeting was not dramatic and the significance of the move is sometimes overstated, Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.

“My dot... didn’t come down that much because I wasn’t up where everybody else was,” Harker told a business meeting about the Fed’s so called “dot plot” of interest rate views. “The median did shift down but it shifted down by one notch; sometimes we overstate how much of a shift that was.” (Reporting by Balazs Koranyi, Editing by William Maclean)

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Dow rises after Trump's Mueller win, but gain capped as economic fears persist

The Dow Jones Industrial Average eked out a small gain on Monday after news that the special counsel found no collusion with Russia on the part of President Donald Trump. However, gains in the broader market were capped as worries over the global economy lingered.

The 30-stock Dow closed 14.51 points higher at 25,516.83 as Boeing outperformed. The S&P 500 declined 0.1 percent to 2,798.36, led lower by the financials and tech sectors. The index also closed below 2,800 for the first time since March 12. The Nasdaq Composite also pulled back 0.1 percent to 7,637.54.

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Stocks in Japan rebound following earlier tumble amid global growth worries

Stocks in Japan bounced back partially on Tuesday after the previous days heavy losses as concerns over the global economy weighed on investor sentiment.

Following its Monday tumble, the Nikkei 225 rose 2.15 percent to close at 21,428.39, with shares of robot maker and index heavyweight Fanuc gaining 1.70 percent. The Topix index also added 2.57 percent to end its trading day at 1,617.94..

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Europe stocks slightly higher as recession fears fade; Ocado shares jump 4% after e-commerce deal

European equities were slightly higher Tuesday morning as fears over a possible recession faded and investors concentrated on corporate news.

In individual stocks news, Ocado shares jumped 4.6 percent after it signed an e-commerce partnership with Australias Coles. Convatec shares surged 8 percent after reported interest from private equity firm EGT.

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Pound penned in below $1.32 by risk of snap election, no-deal Brexit

LONDON (Reuters) - Sterling slipped on Tuesday after the British parliament’s moved to wrest control of the Brexit process for a day, raising expectations that lawmakers can end an impasse on Britain’s European Union exit, but also the chances of a snap election.

Parliament will now vote on Wednesday on a range of Brexit options, giving parliament a chance to indicate whether it can agree on a deal with closer ties to Brussels - and then try to push the government in that direction.

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