by Bloomberg.com | Apr 4, 2023 | alerts, Markets/Economy
A survey finds many investors playing it safe, which could cost them in the long term. American workers are keeping large chunks of their retirement savings in cash to protect themselves from another slump in the stock market. Millennial workers have a third of their...
by Bloomberg.com | Mar 30, 2023 | alerts, Markets/Economy
The odds of a recession are growing. That’s the takeaway from a new survey of economists that Bloomberg recently conducted. The probability of a downturn in the next year is now 65%, up from 60% in February. It feels like we’ve been saying this for months, but a few...
by Bloomberg.com | Mar 23, 2023 | alerts, Markets/Economy
Market ignores Powell, prices in rate cuts on recession risk ‘Rate cuts would actually be negative’ for stocks, Sohn says Wall Street pros are warning investors who bid up US stocks on expectations the Federal Reserve will soon be cutting interest rates to remember an...
by Bloomberg.com | Mar 23, 2023 | alerts, Markets/Economy
Slower sales growth has investors balking at premium valuation Despite rebound, stock remains down over 46% from a 2021 peak For years, Amazon.com Inc.’s aggressive growth strategy has enabled the stock to command a hefty premium to big tech peers. But with its...
by Bloomberg.com | Mar 22, 2023 | alerts, Markets/Economy
Stanhope Capital Chief Executive Officer Daniel Pinto warned that fallout from the banking crisis will be “substantial” and the Federal Reserve must bear the blame. “I agree we are not on the verge of a massive run on the banks but there will be very, very substantial...
