Stocks edge higher as darker forecasts loom

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World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund's managing director that a third of the world will fall into recession in 2023.

rose 0.04%, just short of an index of global shares, which climbed 0.18%.climbed 0.8%, retracing some of the nearly 12% it lost in 2022, bludgeoned by central banks' aggressive monetary policy tightening.

Christiansen expected the new year to kick off with a renewed focus on central banks and inflation. Traders would be vigilant for any signs of an approaching recession, he said. "There is an attempt by the dollar index to pull higher today but we do see that it is losing a good part of the strength it gained last year," said Ulrich Leuchtmann, head of forex research at Commerzbank.

 

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What goes up must come down..

What’s the darker forecast?

Lol! Propaganda mouthpiece reuters showing what a oxymoron is.

So the stock market is ignoring the forecasts? Is there something wrong with the forecasts then? ? 🤔

Who’s doing these dark forecasts? My guess, people who want billionaires to remain tax free.

Same headline since Biden took office.

The life of a young Iranian named MohammadBoroughani is in danger in the prison of the mullahs' regime.

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