Warning Signals Flashing Potential Economic Downturn
Faces a potential severe economic downturn, as multiple indicators within the financial sector begin to signal caution.
Faces a potential severe economic downturn, as multiple indicators within the financial sector begin to signal caution.
In recent webcast Jeffrey Gundlach, billionaire investor and CEO of DoubleLine Capital, presented nuanced analysis of current economic landscape.
New data showing resilience in the US labor market put a lid on the US stock market’s five-week advance.
If America had a national mood it would be gloom. Things aren’t bad according to data. Yes inflation has been a problem but it’s coming under control.
Markets surprised to the upside this year with the Nasdaq (IXIC) up 24% since the start of 2023, and the S&P 500 (GSPC) 15% higher during same period.
Markets are pricing in at least 100 basis points of interest rate cuts next year, starting in the second quarter. One thinks bets "overdone."
With the stock market in ‘striking distance’ of all-time high, Wharton’s Jeremy Siegel warns the only thing that can derail it is Jerome Powell.