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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s why the stock market’s ‘Red October’ raises the odds of a recessionThe stock market isn’t the economy, but there is a possibility that the equity market’s October carnage could be the source of “malign” shocks, say economists at Oxford Economics. While a recession in the next two years is still unlikely, they say, the probability of a downturn is on the rise.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock market woes raise a nagging fear: Is a recession near?BALTIMORE (AP) — Fears of a recession have been mounting with the U.S. stock market appearing to be headed for its worst December since 1931 — during the Great Depression. Wall Street's sustained slump has been fueled by investor concerns about lower corporate profits, higher corporate debt, a festering trade war between the United States and China and a broader global slowdown. And the worries are mounting. On Wednesday, stocks tumbled over concerns that the Federal Reserve will continue raising rates. And they plunged again Thursday as President Donald Trump appeared open to a partial government shutdown unless he receives funding for a wall along the border with Mexico. yes So much winning from tariff man Strange how the President has stopped tweeting about how he's to thank for the market's performance.
Source: AP - 🏆 728. / 51 Read more »
3 reasons the stock-market selloff can’t be blamed on the Fed’s quantitative tighteningStrategists at RBC Capital Markets say the Fed’s balance sheet reduction shouldn’t take the blame for the slide in equities since October. It is premature to say the recent bond rally proves QT won’t lead to higher yields. This was a risk off trade. But its start CAN be blamed on Powell, who on 10/3 with Woodruff, said the Fed wasn't near neutral and may need to go beyond neutral to be 'restrictive'. Time stamp his interview - that was the market top. See around 7:50 mins on this video: Foolish error For every seller there is a buyer. I am waiting for the bargain basement prices before I start buying.
Source: MarketWatch - 🏆 3. / 97 Read more »
How Worried Should You Be About a Stock-Market Selloff?There are sparks flying everywhere as the market falls, but conditions don’t seem ripe just yet for a broader conflagration, writes James Mackintosh. jmackin2 tip of the day: buy low and sell high... jmackin2 You mean another one? Terrible headline. jmackin2 Hshdh jsjhdjzjjx jjhdb
Source: WSJ - 🏆 98. / 63 Read more »
This chart shows how closely the stock market is tracking a selloff from the 1950sInvestors shouldn’t try to use it as a playbook for the current pullback, but it is worth noting that price action in the stock market over the last 12 months correlates most closely with the period running from October 1956 to October 1957, says technical analyst Jeff deGraaf. Did they have algorithms and computers doing the mass tradings back then? Nah. PPT will rig it up. Powell will be flexible. No such thing as recession. Buy buy buy. People see what they want to see. I have seen the charts for a Bull case too.
Source: MarketWatch - 🏆 3. / 97 Read more »
What to Buy After the Stock Market SelloffThe year is ending badly for stocks, which has investors averting their eyes. But there are deals to be had for those who can bear to look. No thanks. Will buy on retest of lows Very true, if one knows where to look. Donald j trump every thing him touch go bad
Source: WSJ - 🏆 98. / 63 Read more »
Deepening stock selloff still hasn’t seen ‘panic’ associated with market bottoms: chart watcherStocks put in an ugly close Friday, with the Dow Jones Industrial Average joining the S&P 500 and Nasdaq Composite in correction territory. But contrarians looking for signs of panic were left disappointed, says one prominent chart watcher. Wait till it dips under 23.5k Good corrections when Apple being thrown away at $165 share....$775B cap w $225B cash on hand....that's a panic!
Source: MarketWatch - 🏆 3. / 97 Read more »
Q&A: Does the stock market sell-off mean a recession is coming?Is the stock market's recent plunge signaling a recession in 2019? Economics reporter Paul Davidson breaks it down. No, all indicators of the market show that we are doing great. It's just the insecure skittish ideas from the companies that have taken a big profit before the end of the year which they always do! I don't know about everyone else but I see manipulation which is causing a great buying opportunity. I just keep buying and buying
Source: USATODAY - 🏆 100. / 63 Read more »
Jamie Dimon says the stock market overreacted, no recession aheadDimon said that stock declines in December and the halting by banks of high-yield debt issuance that month were unwarranted. We believe him, why? He also thinks Bitcoin is worthless, so that goes to show he’s clueless anyway. did he forecast the last one?
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs: The recent stock market plunge does not indicate a recession on the horizonPeter Oppenheimer, chief global equity strategist at Goldman Sachs, expects the U.S. economy will grow but at a much slower pace of 1.6 percent by 2020. Ok This time it's different Goldman Sachs is not the standard to go by!!! They narrowly escaped the recession last time and the Lehman Brothers were made the example. I wouldn't trust them with my money...
Source: CNBC - 🏆 12. / 72 Read more »