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Featured AlphaTack Intel Article
Tech Giants Enter Correction as Mideast War Drags Stocks Down
Technology giants entered a correction on Friday as the war in Iran continued to escalate and oil closed above above $100 a barrel once again. Bloomberg’s gauge for the Magnificent Seven closed 1.6% lower, putting the group of mega-cap names — including Nvidia...
– AlphaTack Intel Articles –
How to survive the worst bear market of all time
In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favor of personal wealth. "They took their money and ran," he wrote. In fact, there wasn’t much money to take. Today, with the stock market in...
‘Black Swan’ author Nassim Taleb says years of zero interest rates destroyed the economic structure and created ‘tumors like bitcoin’
Years of 0% interest rates in the US damaged the economy and created bubbles like bitcoin, Nassim Taleb told CNBC on Thursday. “You’re creating bubbles, creating tumors like bitcoin,” the author of “The Black Swan” said about monetary policy. Taleb has been critical...
Goldman’s Oppenheimer Sees S&P 500 Falling 10% If Recession Hits
‘Cash right now is looking attractive,’ strategist says Says he expects corporate profit margins to come down in 2023 Peter Oppenheimer, the chief global equity strategist at Goldman Sachs Group Inc., said the US stock market may see more losses as interest rates...
“Dr. Doom” Roubini Expects a ‘Long, Ugly’ Recession and Stocks Sinking 40%
‘Dr. Doom’ cites high debt ratios of both firms and nations Global recession throughout 2023 will hit ‘zombie countries’ Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at...
Financial News Flow Fully in Support of Markowski’s Dire Predictions
Financial news for the week ended September 16, 2022 fully supports Michael Markowski’s dire June 2022 predictions. For the week: S&P 500 Declined by 4.7 percent and closed the week just above the low of 2022 “FedEx CEO says he expects the economy to enter a...
The World Bank warns the risk of a ‘global recession’ is rising as central banks worldwide raise rates simultaneously
Inflation is raging in countries around the world, from the U.S. to Australia. And the World Bank is warning that in an attempt to rein in skyrocketing prices, central banks could cause some serious pain for consumers. “The world may be edging toward a global...