Dalio’s Magic Number for Tanking the Economy
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
Over the past three-quarters of a century, the market has lost an average 0.56% during the upcoming month, CFRA data show.
PIMCO’s Crescenzi touts the steadiness of the central bank chief who conquered inflation four decades ago.
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
Central banks in emerging markets have hiked at different speeds, with the best currency gains going to an aggressive Brazil.
Inflation, Fed rate hikes and an inverted yield curve are all undermining what seems like a new bull market, says Comerica’s Lynch.
A lot of wise souls think that goal is achievable—despite the heavy weather blocking the way.
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
Technical indicators point to a possible low point for the battered cryptocurrency, say Glassnode researchers.
Unimpressed, as inflation sits at 8.6%, investors so far aren’t pouring into the money funds.
Aeon survey finds 63% will opt for residential and commercial real estate bonds, reversing a downtrend.
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.
The outlook for profits, valuations and the Fed are dispiriting, says a study from the asset manager.
It’s a classic recession portent. But inversion’s predictive record is spotty.