There’s a 98% chance of a global recession, research firm warns
New York CNN Business — Warning lights are flashing in the global economy as high inflation, drastic rate hikes and the war in Ukraine take...
Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect
Billionaire investor Stanley Druckenmiller believes the Federal Reserve’s attempt to quickly unwind the excesses it helped build up for a decade with easy monetary policy will not...
Goldman cuts year-end S&P 500 target to 3,600, sees it falling even further in ‘hard landing’
Following the latest Federal Reserve meeting and interest rate hike, Goldman Sachs sees a higher path of rates going forward that will weigh on stocks...
‘The economy is braking hard,’ says billionaire Barry Sternlicht
The U.S. economy is teetering on the brink of a serious downturn if the Federal Reserve doesn’t pump the brakes on its rate hikes, billionaire...
Longtime bear David Rosenberg sees recession slamming demand and markets
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rosenberg Research president David Rosenberg on what’s next for the Fed. With...
Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center...
Stock sell-off deepens, Dow drops 800 points after hot inflation report
Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who...
Housing correction is ‘dead ahead,’ warns economist Mark Zandi
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Zandi, Moody’s Analytics chief economist, on whether the housing market is...
Dow slumps 600 points Monday to wrap worst day since June as summer rally fades
Stocks wrap worst day since June The Dow Jones Industrial Average fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99...