Biggest concern is the market sell-off becoming a 'self-fulfilling prophecy,' research firm warns

Sustained market declines in the wake of the recent global sell-off could become a "self-fulfilling prophecy" that eventually leads to a recession, Morningstar DBRS analysts warned.

Sustained market declines in the wake of the recent global sell-off could become a "self-fulfilling prophecy" that eventually leads to a recession, Morningstar DBRS analysts warned. The data sparked concerns about the state of the world's largest economy and whether it was headed for a recession, also raising questions about whether the Federal Reserve was wrong not to cut interest rates when it met last week.

"Despite the sharp declines in stock markets globally, we still view banks in the U.S. and other major markets as being resilient, having sufficient capital and liquidity buffers even if the stock market continues to decline or the U.S. falls into a recession," the Morningstar note said.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

China's ETF market sees ‘explosive' growth, inflows jump 5-fold in three years, Morningstar saysChinese exchange-traded funds saw a “staggering” growth in the last few years, with inflows consistently notching new highs, according to…
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »