Nouriel Roubini, the economist known as Dr. Doom for predicting the 2008 financial crisis, has turned his forecasting skills on the current economy and foresees a “long and ugly” recession…
Day: September 23, 2022
Recession Prospects Will Determine Market Direction
The market’s direction will be determined by the prospects of a potential recession, portends an article in Proactive Advisor Magazine. With the Fed widely expected to raise rates even higher…
Stock Market Bargains To Be Found Overseas
Investors would do well to remember that the current nerve-rattling market has likely not priced in any surprises that might be on the horizon, writes Jason Zweig in an article…
Rising Bond Yields Cause Trouble For Stocks
Bond yields could threaten a shaky market as they rise to their highest trading levels in over 10 years, reports an article in The Wall Street Journal. As interest rates…
Value Investing Opportunities in Asia
In an interview with Bloomberg TV, Ken Wong of Eastspring Investments said that because the Fed’s interest rate hikes aren’t necessarily factoring in the continuing war in Ukraine, China’s ongoing…
Stock Trade Prices Vary Widely Among Brokers
Investors get a wide range of prices of stock trades depending on which broker they use, according to a study that’s cited in an article in The Wall Street Journal.…
ETFs That Track Congress’s Trades Planned
Two ETFs that will track the trades of members of Congress are in the works, reports an article in Bloomberg. According to a regulatory filing on September 15th, both the…
Dalio: 4.5% Rates Would Tank Stocks 20%
In a dismal forecast, founder of Bridgewater Associates Ray Dalio wrote that interest rates will need to rise into the 4.5% to 6% range in order to truly combat inflation,…
Bearish Managers Flee Stocks
Worried about a possible global recession, “super bearish” fund managers are swiftly exiting equities and taking refuge in cash, reports an article in CityWireUSA that cites the latest Bank of…