According to Doug Peta of BCA Research, stocks will see a sharp correction in the first half of 2025. He points to risks from slowing consumer momentum, labor market softening, and high valuations. He recommends rotating out of stocks and into defensive plays, and buying the dip after a 30% or greater fall. Stocks are…
Mark Spitznagel, a bearish investor, predicts stocks may soon lose over half their value in a sell-off. He says a recession could happen by the end of the year, fueled by the government’s $34 trillion debt. His fund, Universa Investments, has made billions from past stock-market crises. A black-swan investor, Mark Spitznagel, says the stock…
Global shares climbed up on Monday, buoyed by a weakened yen and the fallout from Japan’s recent parliamentary elections, which saw the ruling party lose its majority in the lower house. In Europe, France’s CAC 40 rose 0.7 percent to 7,552.94, while Germany’s DAX went up by half a percent to 19,549.65. The UK’s FTSE…
The conflicting narratives about the US economy seem to have one thing in common: extremity. There are those who argue that America isn’t just on the edge of a recession but already in one: “The Sahm rule has triggered! The ISM is below 50! Payroll employment has been revised down by nearly 1 million!” The…
In This Story The era of double-digit growth in the stock market may be coming to an end. Goldman Sachs (GS-0.60%) strategists led by David Kostin estimate that the S&P 500 index will deliver an annualized return of 3% over the next decade — well below the 13% returns in the last 10 years and…
The S&P 500 has enjoyed a bull market since October 2022, rising nearly 70%. LPL Financial’s Quincy Crosby expects the rally to continue into 2025. Don’t worry about election volatility: earnings are strong, and a soft landing looks likely. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
Economist David Rosenberg warns the stock market is in a “mega-bubble.” Rosenberg cites high valuations, investor positioning, and sentiment as warning signs. Despite recent market gains, Rosenberg predicts a recession and advises caution in investing. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app…
The U.S. economy remains a heated topic in presidential debates and a top concern for American voters. Eight in ten registered voters say it will be crucial to their vote in the 2024 presidential elections. The next president will face a debt problem that could lead to a crisis, strategist says Under a new presidential…
The stock market crashed last month on recession fears but has since soared to fresh record highs as the Federal Reserve began cutting rates and China unveiled stimulus measures. To Mark Spitznagel, cofounder and chief investment officer of the hedge fund Universa Investments, events are unfolding as he predicted. The hedge fund veteran previously said…
To Jon Wolfenbarger, the stock market’s success and the labor market’s recent deterioration don’t seem to add up. As of market close on Friday, the S&P 500 sat at 5,626, just below record highs. And yet, the unemployment rate continues to inch up, job openings continue to fall, and payroll data continue to underwhelm. The…