Economic Trends

Economic Recession
Economic Trends
Economy
Stagflation

Wall Street Rebuffs Soft-Landing Dream as 92% Bet on Stagflation

(Bloomberg) — On the most optimistic corners of Wall Street, promising inflation data over the past week or so suggest the Federal Reserve may accomplish a soft landing after all. Yet no such belief prevails among the big money managers, who are betting that an economic downturn riddled with still-hot price pressures will define trading […]

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Economic Trends
Economy
Strong U.S. Dollar
U.S. Dollar

Dollar Is Still King for Strategists Looking Beyond Rout

(Bloomberg) — The dollar has notched up its worst week since the early days of the Covid pandemic, but analysts think a long-running stampede for the greenback might not be over just yet. The Bloomberg Dollar Spot Index slumped around 3.5% this week, its biggest loss since March 2020. Investors had been trimming bets on […]

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Economic Trends
Economy
Strong U.S. Dollar
Top Stock Market News

Strong Dollar Seen Hurting US Outlook and Even Tilting Fed Path

(Bloomberg) — A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg said. Nearly half of the economists said that international fallout from a strong dollar was either somewhat likely or very likely to spill back […]

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Economic Trends
Economy
Federal Reserve
Top Stock Market News

Fed Is Losing Billions, Wiping Out Profits That Funded Spending

(Bloomberg) — Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity. The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes […]

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Economic Trends
Top Stock Market News

Between Cornell and Colgate, a Hard Lesson in College Economics

(Bloomberg) — Since 1824, it’s sat at a quiet crossroads of American higher education, surrounded by richer, more prestigious institutions like Cornell University and Colgate University. Now, tiny Cazenovia College, in rural upstate New York, is fast becoming a case study for the financial pressures driving scores of small, not-so-famous colleges to the brink. At […]

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Economic Recession
Economic Trends
Economy
US Economy

Morgan Stanley’s Wilson Sours on US Earnings Amid Growth Jitters

(Bloomberg) — One of Wall Street’s biggest bears is turning even more pessimistic on the outlook for US earnings against the backdrop of a slowdown in economic growth. Morgan Stanley strategist Michael J. Wilson cut his expectations for earnings-per-share growth for the year, saying that a slowing economy is now likely to be a bigger […]

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Economic Recession
Economic Trends
Elon Musk
Tesla
US Economy

Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone

(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of […]

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Cathie Wood
Economic Trends
Economy
Inflation

Cathie Wood Sees Huge Inventories as Evidence Inflation Will Ebb

(Bloomberg) — Cathie Wood says the massive inventories now held by US companies suggest that inflation will die down. “I’ve never seen inventory surges like this in my career and I’ve been around for a long time,” the head of Ark Investment Management said in an interview with Bloomberg Television Wednesday. “This inventory issue highlights […]

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Economic Recession
Economic Trends
Economy
Goldman Sachs
Oil

Goldman Says Oil Needs to Rally Further to Solve Market Deficit

(Bloomberg) — Oil prices are likely to extend gains as global crude stockpiles need to be rebuilt in the face of rebounding Chinese demand and reduced production from Russia, according to Goldman Sachs Group Inc. Brent crude will need to average $135 a barrel in the 12 months from July, up $10 from the bank’s […]

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Economic Collapse
Economic Recession
Economic Trends
US Economy

Goldman’s Waldron Warns of Unprecedented Economic Shocks, Echoing Dimon

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference […]

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Economic Collapse
Economic Recession
Economic Trends
Stock Market
Stock Market Correction
Stock Market Crash

Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

(Bloomberg) — Jamie Dimon warned investors to prepare for an economic “hurricane” as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia’s invasion of Ukraine. “That hurricane is right out there down the road coming our way,” the JPMorgan Chase & Co. chief executive officer said at a conference […]

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Economic Collapse
Economic Trends
Hedge Funds
Real Estate Crash
Stock Market Crash

Sequoia Capital Warns Founders After ‘Crucible Moment’

(Bloomberg) — Calling the current environment a “crucible moment,” Sequoia Capital warned that the good times are not only over, there’s no indication when they’ll return. In a Zoom call earlier this month with the founders of its approximately 250 portfolio companies, the venture firm reviewed a 50-page presentation titled “Adapting to Endure,” according to […]

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Economic Trends
Railroad Stocks
Transportation
Value Investing
Value Stocks

CSX is down -17% this year. Has it reached useful value yet?

2022 has meant a lot of uncertainty in the marketplace so far. Inflation, rising interest rates and war are just the biggest headlines that have kept the markets on edge, and that seem likely to keep uncertainty relatively high as we start to move into summer. While everybody wants to keep the good times rolling […]

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Economic Trends
Economy
Recession
Social Media

Social Media Stocks Set to Erase $100 Billion on Snap Warning

(Bloomberg) — Social media stocks are on course to shed more than $100 billion in market value after Snap Inc.’s profit warning, adding to woes for the sector which is already reeling amid stalling user growth and rate-hike fears. Shares in digital ad-dependent Snap are set for a record one-day drop, down 32% in premarket […]

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Economic Collapse
Economic Trends
Retirement Fears
Stock Market Crash
Stock Market Risk

Cracks in US Economy Start to Show as Recession Warnings Mount

(Bloomberg) — The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right. The US economy is starting to show signs of strain under the weight of decades-high inflation and climbing interest rates — raising the risk […]

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