Professor Who Called Dow 20,000 Says He’s Nervous About Trends
Wharton professor credited with calling Dow 20,000 in 2015 told CNBC during a Wednesday interview is “nervous about the trends I see in inflation.
Wharton professor credited with calling Dow 20,000 in 2015 told CNBC during a Wednesday interview is “nervous about the trends I see in inflation.
The consumer still appears more than willing to spend in the face of rising inflation and raging COVID-19 infections.
Broker-Dealer Financial Professionals look to Monetize their Practice while others look to make their practices stronger.
Leaving out other examples of the bulls downplaying risk in the decade-plus since the Great Recession, I find myself at a similar crossroads today.
If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, shutdowns tend to be short-lived.
Our expectation is the Fed is going to wait til November to indicate they're going to begin the taper process that it'll start closer to December.
Nouriel Roubini -- renowned for foreseeing the mortgage collapse -- said the post-pandemic world seems to be heading toward a repeat.