Stock Market Traders Discover That Bad News Is Bad After All
Order is being restored in financial markets, a frightening development for equity bulls.
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Goldman: Don't Expect Fed Rate Cuts in 2023
If you're hardcore stock market bull praying for rip-your-face-off rally ignited by specter of Fed rate cut in 2023, you may want to recalibrate that.
Stock Market’s Defining Moment Arrives With CPI, Fed Decision
It’s the week everyone’s been waiting for. With the release of a key measure of inflation, the Federal Reserve interest-rate decision.
Bank of America CEO Predicts 'Shallow' Recession: US Consumer is 'Resilient'
BofA CEO Brian Moynihan said a "shallow" recession likely coming in 2023, despite other bank bosses warning that high inflation would sink economy.
Economist Roubini Sees 'Mother of All Stagflationary Debt Crises'
Globally, total private- and public-sector debt as a share of GDP rose from 200% in 1999 to 350% in 2021, the economist Nouriel Roubini says.
Improbable Bets on Break of Hong Kong Dollar Peg Adding Up
"Tail risk": unlikely scenario of Hong Kong currency peg snaps. Bets on such shock are building in hedge fund world, some traders say makes sense.
Wall Street’s Top Strategist Mike Wilson Predicts a Double-Digit Percentage Drop
As S&P 500 lingers around 3,950 and Wilson's predictions become a reality, veteran investor is predicting things will fall a lot more.
