Here’s Why Stocks Seem Set for a Mediocre 2020, if Not Worse
A so-so economy, low earnings growth, an un-inverted yield curve, and a stand-pat Fed are part of the mix for a ho-hum year.
A so-so economy, low earnings growth, an un-inverted yield curve, and a stand-pat Fed are part of the mix for a ho-hum year.
Why? The era of low VIX readings has lasted longer than normal, and there’s the unending trade war.
Evoking Mike Tyson, Jim Bianco says a market dive could bring big pressure to more rate cuts.
Despite expected Fed inaction next year, a strong economy will lift interest rates, the firm forecasts.
Evidence mounts that, after 10 years of extremely low rates, the impact of more cuts is limited.
Monetary easing will harm economic growth, David Kelly warns.
Former Treasury secretary thinks less-than-zero rates do little good and much harm.
Fed Chairman Powell’s words belie the official mandate, State Street’s Arone finds.
Allianz economist notes decline of yields and worries they might crop up in America.