Recession warning risks to small companies are rising, Legg Mason says - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

A $750 billion investing giant says there's a 50% chance of a US recession in a year — and the smallest companies will reveal its fate

profits, which put more emphasis on smaller firms. Schulze notes that most US workers are employed by firms with fewer than 1,000 employees, and the average small-cap company has about four times that many.

Kim Catechis, the head of investment strategy for Legg Mason's Martin Currie equities business, says he thinks the situation is worse than it looks. The second key piece of evidence is that in August, long-term interest rates dipped below short-term rates. That yield-curve inversion has preceded the last seven US recessions — and while some experts think, Schulze warns that ignoring the yield curve's warnings and being wrong can be devastating.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next stock market crash: Strategist sees risk of December correction - Business InsiderA Wall Street expert who called the stock market's late-2018 meltdown warns another plunge could arrive in December — and shares his investing advice for 2020
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mars CEO explains how Gen Z is transforming the $35 billion company's workplace - Business InsiderMars CEO Grant Reid said that the work environment at Mars includes more flexibility, the ability to work from home, and open offices.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mom-and-pop retailers gear up for Small Business Saturday, as towns try to stoke excitementLast year, shoppers spent $17.8 billion on Small Business Saturday, the highest of any year.
Source: CNBC - 🏆 12. / 72 Read more »

Small Business Saturday kicks off for Thanksgiving weekend holiday shoppingSmall businesses are expected to draw big crowds for their holiday weekend shopping deals.
Source: ABC - 🏆 471. / 51 Read more »

Small Business Sales You Can Shop Online This SaturdaySupport a small business from the comfort of your couch.
Source: BuzzFeed - 🏆 730. / 51 Read more »