Goldman Sachs Shifts View On Economy, Fed Rate Cuts
The Federal Reserve began its interest-rate reduction campaign with last week's 50-basis-point (0.5-percentage-point) move.
The Federal Reserve began its interest-rate reduction campaign with last week's 50-basis-point (0.5-percentage-point) move.
Anna Wong, Bloomberg Economics’ Chief US Economist, forecasts a 70% chance that the US economy is either already in a recession or approaching one.
The private credit market is set to face a “reckoning moment” and a period of difficulty it hasn’t seen since 2008 according to Jae Yoon CIO.
After the Federal Reserve’s 0.5-percentage-point interest-rate reduction last week, many experts say a soft landing for the economy is in store.
US stocks can soar to fresh highs thanks to the Fed's aggressive half-point interest rate cut last week but bankers should tread carefully.
JPMorgan CEO Jamie Dimon is more concerned with the major factors influencing the economy over the next century more so than individual rate cuts.
Jeffrey Gundlach, CEO of DoubleLine and a leading voice in the bond market, is sounding the alarm that the Fed’s anticipated rate cut is too late.