Bridgewater Sees ‘Much Bigger’ Drop in Stocks Before Fed Blinks
The decline over the past few weeks has been “mostly healthy” because it has “deflated some of the bubbles,” such as cryptocurrencies.
The decline over the past few weeks has been “mostly healthy” because it has “deflated some of the bubbles,” such as cryptocurrencies.
A top U.S. banking leader delivered an unusually brusque critique of the central bank. Fed has been damaged it’s lost credibility.
Such shifts signal that bonds are pricing in a potentially more aggressive tightening, enough to risk a rapid slowdown in the broader economy.
Ray Dalio said there’s a “reasonable chance” neither major U.S. political party will accept the results of the 2024 election.
The Goldman Sachs economists led by Jan Hatzius said, they currently expect rates to be increased in March, June, September and December.
The biggest bear on Wall Street says the market is likely next to feel fresh pressure from slowing economic and corporate profit growth.
Expect a market sell-off so significant that the Federal Reserve will likely "not carry through" with all of its anticipated rate hikes this year.