Newsmakers
The Economy’s OK Without More Federal Aid, Says Fed’s James Bullard
His stance clashes with that of Chair Jerome Powell, a sometime adversary.
Tag: GDP
Market Moves
Remember Those Rate Increases? Big Mistake, Two Fed Governors Now Say
Richard Clarida and Lael Brainard say economic growth would have been stronger without the 2015-18 hikes.
Research
CEOs Still Have Bleak View of the Economy
Conference Board survey says their confidence level is lousy. A portent for the future?
Asset Allocation
Long-Range Investing, a Decline in Births, and a Fertility Rate that’s Scared of COVID-19
What to consider with COVID-19 accelerating an already steady baby bust.
Market Moves
Giddy Market Focuses Only on the Fed Statement’s Good Half
The rest of the announcement, spotlighting the virus’ seemingly dauntless chokehold on the economy, gets ignored.
Coronavirus - COVID-19
Fitch Says GDP Impact from COVID-19 Will Last until Mid-2020s—If We’re Lucky
Report bases economic outlook downgrade on no renewed lockdowns.
Market Moves
Economy Faces a ‘Bumpy Ride,’ Says Goldman’s Chief
Recovery will take a long time, David Solomon warns.
Market Moves
How GDP and Stocks Do When Dems and GOP Control the Presidency and Congress
If the White House and Congress are blue, the economy does best, LPL says. But a Democratic president and a Republican Congress do best for the S&P 500.
Market Moves
Economic Pain May Last for Years, Shiller Warns
Psychological effect of persistent virus could make businesses and consumers overly cautious, hurting GDP, the economist says.
Market Moves
GDP Growth Will Limp Along for the Next 10 Years, Says Moody’s Economist
In the most far-reaching pessimistic forecast yet, John Lonski blames productivity stagnation.
Asset Allocation
How Much Will US GDP Shrink This Year? Try 5.4%
That’s the harsh forecast from IHS Markit, one of the grimmest on Wall Street.
Coronavirus - COVID-19
Coronavirus Crisis Is ‘Crushing’ Global GDP Growth
Fitch Ratings slashes global growth forecast nearly in half to 1.3%.
Coronavirus - COVID-19
S&P Global Forecasts Global Recession Due to Coronavirus
China is a barometer for what the rest of the world can expect in the downturn, firm says.
Market Moves
Trump Is No. 2 Earnings Grower Among Post-WWII Presidents
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Crummy 2019 Earnings to Thunder Back This Year, Seers Say. Uh, Really?
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.