With exuberance everywhere on Wall Street (check out the $350 billion valuation for SpaceX), it’s interesting to look at contrarian indicators and what they say about the market. One of those is ...
If you read any headline about US consumers right now, it’s invariably about cratering consumer confidence or anxiety heading into the holiday season. The reality is US consumption is holding up ...
Robert Burgess is the executive editor of Bloomberg Opinion. Previously, he was the global executive editor in charge of financial markets for Bloomberg News. It’s pretty shocking that the White House ...
Financial markets are signaling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street. A model from JPMorgan Chase & ...
Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s ...
Chief White House economist Stephen Miran dismissed the deepening fears of a recession on Wall Street, saying that President Donald Trump’s plans for deregulation and tax cuts will more than offset ...
More corporate debt will plunge into distress when the US economy falters, says Marty Fridson, chief executive officer of FridsonVision High Yield Strategy. “I have high confidence that we will get ...
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump ...
The head of the International Monetary Fund warned that the global economy will slow due to the US-led world trade “reboot,” but a recession isn’t in the forecast. Speaking Thursday ahead of the IMF’s ...
New Zealand businesses were less optimistic in the third quarter, raising the risk of another recession and deeper interest-rate cuts from the central bank. A net 18% of businesses expect the economy ...
New Zealand’s economy suffered a deeper-than-expected recession in the second and third quarters as high interest rates curbed demand. The local dollar fell to a two-year low. Gross domestic product ...