Recession warnings are fading from their summer peaks, and stocks are set for another run-up as investors rush to participate in another rally, Morgan Stanley senior portfolio manager Andrew Slimmon said in an interview. The volatility that previously came from trade war headlines has dulled, and Wall Street"has finally keyed into what's going on," he said. Slimmon pointed to recent years as precedent for how the S&P 500 performs after a negative year.
Recession warnings are fading from their summer peaks, and stocks are set for another run-up as investors rush to participate in another rally, Morgan Stanley senior portfolio manager Andrew Slimmon said in an interview. The volatility that previously came from trade war headlines has dulled, and Wall Street"has finally keyed into what's going on," he said. Slimmon pointed to recent years as precedent for how the S&P 500 performs after a negative year.
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Next recession timing is spring 2020, cause will be rare, SocGen says - Business Insider'We see a springtime recession': A Wall Street firm that is counting down to the next crisis says its trigger will be unlike any in recent history The crash and recession will happen if any of the Democrats start to look like serious contenders against Trump, similar to what happened with Obama in 2008. If the worker is not paid a wage which allows them to pay for living expenses, savings and luxury items then money will not flow through the economic system. The wealthy certainly are not going to spend their own money.
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Here's what happened to the stock market on FridayStocks notched slight gains during Friday's session, but trade uncertainty still led to the market's first weekly drop since October. Did you forget Trump reminded us that when he leaves office, the markets will crash. China 🇨🇳, Russia 🇷🇺 and Saudi Arabia 🇸🇦, are pumping the stock market until this buffoon destroys our democracy, 2024 as we know it. It’s sick and scary.
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