by Chris Anstey, Bloomberg.com | Sep 29, 2022 | alerts, Markets/Economy
Crisis firefighters had better not book vacations, he says Japan’s bond holdings need watching, ex-Treasury chief says Former Treasury Secretary Lawrence Summers likened the array of risks confronting the global economy to the pre-crisis summer of 2007, with the UK’s...
by Esha Dey, Bloomberg.com | Sep 29, 2022 | alerts, Markets/Economy
Auto dealers Carvana, Sonic Automotive plunge in broad selloff Rising rates, low confidence makes consumers wary of spending Already shaky market sentiment took a gut punch on Thursday, after used-car dealer CarMax Inc.’s latest quarterly results laid bare the plight...
by Tyler Durden, Zerohedge.com | Sep 27, 2022 | alerts, Markets/Economy
Another day, another yield-driven market shock, and another down day for the S&P which is now lower for 6 consecutive days, the longest stretch since February 2020 when the world was about to shut down (worse, as the last chart at the bottom of this post show,...
by Bloomberg.com | Sep 27, 2022 | alerts
A global recession probability model by Ned Davis Research recently rose above 98%, triggering a “severe” recession signal. Bloomberg: Goldman Sachs Group Inc. and BlackRock Inc. are turning more bearish on equities for the short term, warning that markets are yet to...
by Lance Roberts | Sep 27, 2022 | alerts, Markets/Economy, Real Investment Advice
The latest rate hike announcement by the Fed sent stocks tumbling to the year’s lows. While last week’s market action was brutal, the good news is the markets are set up for a rather significant short squeeze higher. It is quite likely the Fed has already tightened...
by John Mauldin | Sep 23, 2022 | alerts, Markets/Economy, Mauldin Economics
We were a bit preoccupied here in Puerto Rico this week. Hurricane Fiona decided to camp out over the island, bringing mind-boggling amounts of rain. I am sure you have seen the flooding pictures. The entire island lost power and much of it is still down. Our...
