An Investment Strategist Explains What is a Rorschach Economy
In the best of times global economy has many, many moving parts, making it difficult to get precise handle on where things stand and where headed.
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Strategist Claims a U.S. Economic Downturn Would be Advantageous for Markets
Michael Yoshikami, founder/CEO of Destination Wealth Mgmt, believes US recession could prevent significant market downturn in second half of 2023.
Will AI Kill Jobs? Hedge Fund Billionaire Ken Griffin Weighs In
Shouldn't take alarmist view on job displacement by AI, founder of Citadel, collaboration between AI and humans can create efficiency/production.
Billionaire Hedge Fund Icon Ray Dalio Predicts “Big Cycle Debt Crisis’
Dalio sees trouble ahead for Uncle Sam on debt front. “The amount of selling debt has collapsed. Now we’re going to issue a lot of government debt."
BofA’s Hartnett Sees Big US Stock Rally Followed by Big Collapse
S&P 500 may have entered a technical bull market last week, but BofA Michael Hartnett says it’s not the start of a new major rally in equities.
Gundlach Doesn’t Think the Fed Will Resume Rate Hikes Soon
Gundlach doesn’t believe the Fed will continue to raise interest rates anytime soon despite Fed Chair Jerome Powell signaling the resumption.
Wall Street’s Biggest Bull Called This Year’s Stock Market Rally—Now Instead of a Recession, he Says ‘The Economy is Actually Slipping into an Expansion’
Not many on Wall Street were able to call the huge S&P 500 comeback this year after the index plummeted into its first bear market.
