by Nouriel Roubini, MSN.com | Oct 3, 2022 | AlphaTack Intel
PROJECT SYNDICATE NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that central banks’ attempt to fight it would cause...
by John McCorry and Jonathan Ferro, Bloomberg.com | Sep 30, 2022 | AlphaTack Intel
Sees more volatility as tightening spurs financial instability Central banks won’t allow higher inflation without ‘more pain’ Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central...
by Chris Anstey, Bloomberg.com | Sep 30, 2022 | AlphaTack Intel
Crisis firefighters had better not book vacations, he says Japan’s bond holdings need watching, ex-Treasury chief says Former Treasury Secretary Lawrence Summers likened the array of risks confronting the global economy to the pre-crisis summer of 2007, with the UK’s...
by Esha Dey, Bloomberg.com | Sep 29, 2022 | AlphaTack Intel
Auto dealers Carvana, Sonic Automotive plunge in broad selloff Rising rates, low confidence makes consumers wary of spending Already shaky market sentiment took a gut punch on Thursday, after used-car dealer CarMax Inc.’s latest quarterly results laid bare the plight...
by Bloomberg.com | Sep 27, 2022 | AlphaTack Intel
A global recession probability model by Ned Davis Research recently rose above 98%, triggering a “severe” recession signal. Bloomberg: Goldman Sachs Group Inc. and BlackRock Inc. are turning more bearish on equities for the short term, warning that markets are yet to...
by Tyler Durden, ZeroHedge.com | Sep 27, 2022 | AlphaTack Intel
Another day, another yield-driven market shock, and another down day for the S&P which is now lower for 6 consecutive days, the longest stretch since February 2020 when the world was about to shut down (worse, as the last chart at the bottom of this post show,...