Forget a soft landing. The market's best hope is a ‘growth' recession [CNN]
Salesforce, Inc. (CRM)
Last salesforce, inc. earnings: 2/25 04:06 pm
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Source: CNN
New York CNN Business — The Fed darkened its tone at last week's policy meeting , warning of serious economic hardship ahead, and markets finally took the central bank at its word. The S&P 500, already in a bear market, experienced another major downswing on Friday. The Dow fell briefly into bear territory and closed at its lowest level since 2020. But while investors have waivered between whether the Fed will achieve a “hard” or “soft” landing, there's a third, in-between possibility where everything feels kind of bad for a prolonged period of time. At this point, that economic purgatory may be investors' best hope. What's happening: The Fed has had the same goal since it began hiking interest rates to fight inflation in March. It wants to achieve a soft landing — that Goldilocks ideal of cooling the economy enough to bring down prices but not enough to cause a recession. But the idea has grown increasingly untenable as inflation rates remain stubbornly high while economic
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CRM
Earnings
- 2/28/24 - Beat
CRM
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- CRM's page on the SEC website