Ominous trend spells a hard landing for economy: Lakshman Achuthan
Investors may want to brace for a hard landing. According to the Economic Cycle Research Institute, the recent bank failures reinforce a recession is imminent and there is a chart…
Popular ETF strategy shift may benefit investors
With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi’s Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds. “It’s not clear how…
Australia’s central bank signals more tightening ahead after hiking rates to decade high
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, in…
Cyclicals riskier than growth stocks: Morgan Stanley’s Mike Wilson
Morgan Stanley’s Mike Wilson is telling investors to avoid a popular trade tied to the economy. “Cyclicals probably are more risky now than the growth stocks,” the firm’s chief U.S.…
Investors dangerously ignoring bear market impact on earnings
Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street 1980 not one bear market has ever traded above nine times to 14…
Eurozone Fast Facts | CNN
CNN — Here’s a look at the eurozone. Twenty countries in the European Union use the euro as their currency, and comprise the eurozone. The countries in the eurozone are:…
European Debt Crisis Fast Facts
CNN — Here’s a look at the European Debt Crisis, which affected Cyprus, Greece, Ireland, Italy, Portugal and Spain. July 11, 2011 – A munitions explosion at a naval base…
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year,…
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though…
U.S. Treasury yields rise after Fed rate decision
U.S. Treasury yields were mixed Wednesday after the Federal Reserve delivered a widely expected 50 basis point rate hike and indicated that it will continue raising rates to tame inflation.…