Deutsche Bank expects trading revenue down by as much as fifth this quarter, first major European investment bank to warn of significant slowdown.
Gundlach doesn’t believe the Fed will continue to raise interest rates anytime soon despite Fed Chair Jerome Powell signaling the resumption.
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
Advances in artificial intelligence (AI) will unlock a long-term productivity miracle, says Nouriel Roubini, the often gloomy professor and economist.