Veteran Fund Manager Sees World of Pain Coming for Stocks
Stocks have hit the jackpot over the past two years, with the S&P 500 index soaring 44%. It has hit multiple record highs this year.
Stocks have hit the jackpot over the past two years, with the S&P 500 index soaring 44%. It has hit multiple record highs this year.
The S&P 500 could plummet by 50% when the stock-market bubble bursts and the US economy slides into recession, Paul Dietrich warns.
Higher interest rates are a likely prospect this year due to the risk of an inflationary rebound, according to Rob Arnott.
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor BRICS countries have been able to reduce global reliance on it.
Packaging prices are set to rebound, ending America's cardboard box recession, Bank of America reports.
After a series of COVID-19 pandemic disruptions and ongoing geopolitical conflicts, supply chain managers face a growing number of challenges.
Mohamed El-Erian, in an op-ed for the Financial Times, warns that the Federal Reserve's delay in cutting interest rates could endanger the US economy.