by Lance Roberts | Oct 25, 2022 | alerts, Markets/Economy, Real Investment Advice
Is a “lost decade” ahead for markets? Stanly Druckenmiller believes that could be the case. “There’s a high probability in my mind that the market, at best, is going to be kind of flat for 10 years, sort of like this ’66 to ’82 time period.” Druckenmiller added that...
by Chris Anstey, Bloomberg.com | Oct 21, 2022 | alerts, Markets/Economy
Former Treasury chief sees need for fiscal debate in US Oil prices pose a major ‘wild card’ for inflation, recession Former Treasury Secretary Lawrence Summers said that policy makers in the US and elsewhere should heed the fiscal lessons from the UK’s recent crisis,...
by Lance Roberts | Oct 21, 2022 | alerts, Markets/Economy, Real Investment Advice
“Recession Fatigue” is setting in as consumers struggle under rising interest rates, high inflation, and a declining stock market. Such was a point made in a recent CNBC article: “As the Federal Reserve aggressively raises rates to combat persistent inflation, the...
by Sagarika Jaisinghani, Bloomberg.com | Oct 21, 2022 | alerts, Markets/Economy
Hartnett remains bearish, sees new lows for stock markets Stocks, cash see weekly inflows; gold, bonds have outflows Equity funds are still seeing inflows despite deeply pessimistic sentiment, with “final capitulation” not yet here, according to strategists at Bank of...
by Josh Wingrove, Bloomberg.com | Oct 17, 2022 | alerts, Markets/Economy
Bloomberg Economics sees near certainty downturn will start Tightening conditions, inflation, hawkish Fed weigh on outlook A US recession is effectively certain in the next 12 months in new Bloomberg Economics model projections, a blow to President Joe Biden’s...
by Stephen Kirkland and Lu Wang, Bloomberg.com | Oct 14, 2022 | alerts, Markets/Economy
(Bloomberg) — US stocks fell after a report showed US year-ahead inflation expectations rose for the first time in seven months. The dollar gained and Treasuries fell. The S&P 500 closed near lows of the day, falling more than 2%. The growth-sensitive Nasdaq 100...