The period between now and year-end marks a historically bullish final stretch of the year for U.S. stocks, particularly just before and after Christmas. The question for investors is whether favorable seasonal factors will be outweighed by economic fundamentals. The momentum toward a year-end rush to stocks seems to only be getting stronger now that … Read more
(Bloomberg) — On the most optimistic corners of Wall Street, promising inflation data over the past week or so suggest the Federal Reserve may accomplish a soft landing after all. Most Read from Bloomberg Yet no such belief prevails among the big money managers, who are betting that an economic downturn riddled with still-hot price … Read more
The ‘70s are coming back in a big way, and while that’s not so bad in fashion or in music, it’s safe to say that no one really wants that ‘70s economy back. That was the decade that brought stagflation, a nasty mix of high inflation, increasing unemployment, and stagnant job growth. Economists had long … Read more
Breadcrumb Trail Links PMN Business For the first time in four decades, investors in the US and other rich economies are looking for a portfolio strategy that can win against elevated inflation and recession both at the same time. Author of the article: Bloomberg News Marcus Wong, Karl Lester M. Yap and Netty Ismail s83]burl5c(gvf]1a{wfwa)i_media_dl_1.png … Read more
Breadcrumb Trail Links PMN Business The UK economy is already in recession as the cost of living crisis has devastating consequences for household incomes, a leading think tank has concluded. Author of the article: Bloomberg News David Goodman A customer pays for fresh produce at a grocery stall on Surrey Street Market in Croydon, UK, … Read more