Top Economist Mohamed El-Erian Says Europe Recession is a “Done Deal”
It remains to be seen whether a recession is going to hit the U.S., but an economic downturn may already be set in stone in other parts of the world.
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Billionaire Investor Ray Dalio Predicts Recession, High Interest Rates
According to investor Ray Dalio, interest rates will likely top 4 or 5% in the future, and inflation will continue to affect stock prices.
Billionaire Investor ’Mr. Wonderful’ Says the Stock Market Rout is a Buying Opportunity—Especially in China
As geopolitical relationship between China and the U.S. frays, billionaire investor Kevin O’Leary, advising people to invest more in Chinese stock.
BofA Sees New Lows for US Stocks as Inflation Shock ‘Ain’t Over’
US stocks haven’t seen the worst of this year’s declines yet against the backdrop of scorching inflation and a hawkish Fed according to BofA.
Legendary Investor Mark Mobius Says the Fed Will Hike Interest Rates as High as 9% if Inflation Stays High
Mobius told Bloomberg TV Wednesday that the Fed believes it has to hike past the inflation rate.
'The S&P is Forming a Bottom,' says Technical Analyst
Our call and our charts continue to suggest that the S&P is forming a bottom, Rich Ross, Evercore ISI senior managing director of technical analysis.
Summers Expects Fed to Raise Rates Above 4.3% to Curb Inflation
Fed may have to eventually raise rates above 4.3% to control inflation, Former Treasury Secretary Lawrence Summers said.
