Morgan Stanley’s Wilson Says Chance of Recession Still Below 50%
Mike Wilson, stock-market bear who predicted selloff, isn’t ready to join chorus of prominent Wall Street voices saying recession is inevitable.
Mike Wilson, stock-market bear who predicted selloff, isn’t ready to join chorus of prominent Wall Street voices saying recession is inevitable.
If you’re a stock trader, you should turn your attention to cryptocurrencies, per Mobius. Cryptocurrencies are a measure of investor sentiment.
Veteran strategist is betting the market will avoid a recession—and rally a whopping 40% by year-end.
Elon Musk, Nouriel Roubini and Goldman Sachs Group Inc. have warned of a growing likelihood that the US economy will fall into recession.
Jeffrey Gundlach is not bullish on bitcoin, saying its price might decrease to $10,000.
Investor Druckenmiller warned the U.S. economy will slip into recession next year, and said that he would rather “own more bitcoin (BTC) than gold".
Cooperman, CEO of Omega Advisors said he sees the US economy falling into a recession in 2023 and a tumultuous period to come for investors.