Dow Jones Industrial Average

Jeremy Grantham warns that 'tragedy' looms with the possibility of a 'big bubble' bursting

Jeremy Grantham warns that ‘tragedy’ looms with the possibility of a ‘big bubble’ bursting

A “super bubble” appears dangerously close to its “last act” after the recent rally in US stocks tempted some investors to return to the market ahead of a potential “tragedy,” according to Jeremy Grantham, the legendary co-founder of the Boston investment firm. genetically modified organisms. Grantham, who has repeatedly warned investors of a bubble in …

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Summer stock market momentum ran out.  What does history say about september.

Summer stock market momentum ran out. What does history say about september.

The US stock market’s summer rally from year lows in June came to a halt in August, leaving major indexes with monthly losses as investors brace for the start of a traditionally unpleasant month for stock bulls. Since 1950, September has been the worst-performing month of the year for the DJIA. -0.88%And the S&P 500 …

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What Wall Street strategists are watching for the risks of stocks and the economy

What Wall Street strategists are watching for the risks of stocks and the economy

Stocks took another bearish turn after US Federal Reserve Chairman Jerome Powell made clear last week that rate hikes will continue – even if they cause more pain in the future. The S&P 500 and Dow Jones industrials are both down more than 3% for the month, while the Nasdaq Composite is down about 4% …

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An economist predicts a 'massive' recession in 2023 - not necessarily due to higher interest rates

An economist predicts a ‘massive’ recession in 2023 – not necessarily due to higher interest rates

Financial market investors are concerned that the US is on the brink of economic downturn as central bankers in Jackson Hole reaffirmed their intention to raise interest rates to control inflation. Steve Hanke, professor of applied economics at Johns Hopkins University, said he thinks the US is heading for a “massive” recession next year, but …

An economist predicts a ‘massive’ recession in 2023 – not necessarily due to higher interest rates Read More »

An economist predicts a 'massive' recession in 2023 - not necessarily due to higher interest rates

An economist predicts a ‘massive’ recession in 2023 – not necessarily due to higher interest rates

Financial market investors are concerned that the US is on the brink of economic downturn as central bankers in Jackson Hole reaffirmed their intention to raise interest rates to control inflation. Steve Hanke, a professor of applied economics at Johns Hopkins University, said he believes the US is headed into a “massive” recession next year, …

An economist predicts a ‘massive’ recession in 2023 – not necessarily due to higher interest rates Read More »