Recession – Weblogspot

‘Cries of pain’ from smaller companies are muted by enthusiasm elsewhere in the market, but rising insolvencies point to a looming recession, says SocGen

October 26, 2023 by Jamie

Smaller companies are struggling under the weight of interest rates, and rising insolvencies are a signal of recession. According to Societe Generale, lending conditions for small companies are the same as during the economic downturn. “The notion that we are at the beginning of a new economic cycle seems preposterous to me,” wrote Albert Edwards. …

The stock market may ignore this “bad news” as gains begin

October 23, 2023 by Jamie

Published: October 23, 2023 at 14:32 ET BlackRock strategists aren’t holding their breath for U.S. companies to finally turn positive in the third quarter. While many investors had hoped that the S&P 500 SPX would finally break its streak of negative quarters and post slightly positive earnings growth in the third quarter, a team of …

Why Bill Gross expects a US recession to begin at the end of the year

October 23, 2023 by Jamie

Bill Ackman isn’t the only boldface name on Wall Street who thinks the U.S. economy is in worse shape than official numbers suggest. See: Bill Ackman is making a bet against Treasuries as yields hit a 16-year high Bill Gross, co-founder of fixed-income investing giant Pacific Investment Management Co., said Monday in a social media …

Leon Cooperman warns of persistent inflation, recession and financial crisis

October 23, 2023 by Jamie

Leon Cooperman. Rick Wilking/Reuters Leon Cooperman warned of persistent inflation, higher interest rates and a potential recession. In an interview with Insider, the billionaire investor blamed senseless fiscal and monetary policy. Cooperman called on the US authorities to sort out their actions before they plunge the country into crisis. Short-sighted officials paved the way for …

Recession will hit stocks and home prices next year: Wall Street veteran

October 22, 2023 by Jamie

Harley Bassman says the U.S. economy will fall into recession next year, which will hit stock and home prices. Scott Olson/Getty Images Harley Bassman claims that the American economy will capitulate and enter a recession next year. The Wall Street veteran expects stock and home prices to fall as unemployment and mortgage defaults rise. Bassman …