by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
AQR co-founder says ‘fat tail event’ would be macro economic Quant pioneer says world too quick to think valuations fixed Billionaire quant investor Cliff Asness warned Thursday that US stocks are vulnerable to a macro shock if inflation doesn’t stage a spirited...
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
Iowa startup Rantizo saw its drone flights triple last year Farmers are increasingly deploying drones to spray their fields as growers look for alternatives to tight labor markets and heavy machinery that can knock over crops. While traditional land-based tractors...
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
Revision shows 2.7% annual gain versus 2.9% initial estimate Federal Reserve’s key inflation metrics were revised higher US economic growth in the fourth quarter was weaker than previously estimated, reflecting a downward revision to consumer spending as the Federal...
by Yahoo.com | Feb 22, 2023 | alerts, Markets/Economy
U.S. homeowners have lost $2.3 trillion since June, according to a new report from the real-estate brokerage Redfin. The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June. That figure signifies the...
by Brian Sozzi, Yahoo.com | Feb 22, 2023 | alerts, Markets/Economy
Whether it’s a “hard” or “soft” landing, Gundlach says: “You need an umbrella.” The bond king is bracing for a hard economic landing. “We have been preparing for a hard landing at DoubleLine,” DoubleLine Capital...
by Lance Roberts | Feb 21, 2023 | alerts, Markets/Economy, Real Investment Advice
Economically speaking, bullish bets are mounting on a “no landing” scenario, which suggests the economy will avoid a recession entirely. As noted by Yahoo Finance last Friday: “The newly-coined ‘no landing’ outcome considers a scenario in which inflation doesn’t...
