Zandi: The Recession Is Over
Moody’s chief economist gave the economy a mixed review: the recession is over but recent job creation is an artifact of miserable conditions.
Moody’s chief economist gave the economy a mixed review: the recession is over but recent job creation is an artifact of miserable conditions.
"When we see reports for the first and second quarters of 2021, they're going to look awfully easy compared against 2020's first half," he predicts.
The most popular cryptocurrency has so many favorable fundamental and technical factors that “something needs to go really wrong" for bitcoin to drop.
"He's been right his whole life, but sometimes even somebody like Warren Buffett - I have a lot of respect for him - they make mistakes."
Cosmetics sales have cratered but the real story is how fake numbers fooled the experts enough to hand over real cash for an illusion.
Wharton finance professor Jeremy Siegel still sees a scenario where the stock market breaches new highs before the year is out, thanks to the Fed.
Big bull strategist once again raises the firm’s price target on the S&P 500, this time to 3,250 by the end of the summer. Liquidity is coming.