If the Rich Think a Recession Is Coming …
UBS survey of family offices says a majority foresee an economic slump in 2020.
Tag: Donald Trump
Market Moves
What’s the Fed’s Next Step on Rates?
Futures markets predict it will reduce another quarter-point this year, and that’s it.
Market Moves
Steve Schwarzman Knocks Beijing, as Business Chiefs Grow Leery on Trade Tiff
The Blackstone head, on old China hand, argues that the challenge to Chinese conduct is justified.
Lower Interest Rates Will Shrink Pension Funding Status, Goldman Warns
A study projects that funding will drop to 86% in August, off from 91% four months before.
Market Moves
Despite Trump Gesture, the Trade War Will Worsen, BofA Warns
White House delay on some new tariffs doesn’t convince analysts that peace is at hand.
Market Moves
Oh, Swell: August Is the Worst Month for Stocks
Bad things tend to happen this month, which tank the market, LPL’s Detrick warns.
Market Moves
Another Trump Tariff Hike Would Spark a Recession, Morgan Stanley Says
If the US lifts the levy to 25% on all Chinese imports, firm sees worldwide economic downturns.
Is China Unstoppable?
The world’s second-largest economy seems destined to overtake the US over the next decade. At the same time, its growth rate is slowing.
New Tariffs May at Last Be Affecting the US Economy
Trump’s extension of levies to Chinese consumer goods show an impact in manufacturing and may tick up inflation.
Market Moves
Frazzled Investors Still Think the Fed Will Lower by Another Quarter-Point
CME futures overwhelmingly indicate a further dip will come in September.
Market Moves
As it lowers a key rate by a quarter point, doubts crop up that the Fed lacks the oomph of old.
Has the Federal Reserve Lost Its Power?
As it lowers a key rate by a quarter point, doubts crop up that the Fed lacks the oomph of old.
Newsmakers
CalSTRS CIO Says Trump Tweets are a ‘Key Market Risk’ to Monitor
Despite the present ‘Goldilocks’ economy, Christopher Ailman is keeping a sharp eye on the president’s Twitter page.
Market Moves
Why Is the Fed Cutting Rates in a Good Economy?
Alan Greenspan and others say it’s for insurance, just in case things go wrong.
Market Moves
Multinationals Are Bailing from China, Larry Fink Says
As the trade war winds on with no end in sight, companies are not waiting around to see what happens, BlackRock chief finds.
Market Moves
OK, the China Trade Talks Are Tough, But What Would a Pact Look Like?
More US goods bought, less tech transfer, and an enforcement mechanism. Maybe.