by Lance Roberts | Mar 21, 2023 | alerts, Markets/Economy, Real Investment Advice
“QE” or “Quantitative Easing” has been the bull’s “siren song” of the last decade, but will “Not QE” be the same? Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking crisis. The FDIC, the Treasury, and the Fed...
by John Mauldin | Mar 17, 2023 | alerts, Markets/Economy, Mauldin Economics
“There’s an old saying: Whenever the Fed hits the brakes, someone goes through the windshield,” said Michael Feroli, chief economist at J.P. Morgan. “You just never know who it’s going to be.” (The New York Times, March 16, 2023) For years I’ve used a sandpile...
by Lance Roberts | Mar 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Could the consensus view of a “no recession” scenario be wrong? As portfolio managers, this is the question we ask ourselves daily. Since the lows of last October, the technical backdrop has improved markedly, as discussed last week in “Bear Trap.” To wit: “Our most...
by Bloomberg.com | Mar 17, 2023 | alerts, Markets/Economy
Less lending, tighter standards would signal softer spending Business surveys will be parsed for signs of growing caution The key to if — or when — the US economy falls into recession will depend on how the latest turmoil in the banking sector spills over to Main...
by Bloomberg.com | Mar 17, 2023 | alerts, Markets/Economy
Investors are ‘too greedy’ for rate cuts, BofA strategists say Bank turmoil may have bigger effect on small businesses: BofA Bank of America Corp. strategist Michael Hartnett — one of the most bearish voices on Wall Street last year — says investors should sell any...
by Bloomberg.com | Mar 15, 2023 | alerts, Markets/Economy
When the Federal Reserve is raising rates, an unexpected shock can trigger a recession. Take a tour through US recessions of the past 50 years, and it’s hard not to wonder whether Silicon Valley Bank will turn out to be the banana peel that upends an already unsteady...
