Harry Dent, the outspoken financial author and economist, is not reversing course from his bold “crash of a lifetime” declaration from this past December.
Read More Economist Predicts ‘Crash Of A Lifetime’ Will Be Worse Than 2008 RecessionTag: Central banks
Markets underestimate risk of inflation re-accelerating, says PIMCO
Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.
Read More Markets underestimate risk of inflation re-accelerating, says PIMCOBitcoin climbs above $45,000 to 21-month peak as new year kicks off
Bitcoin galloped past $45,000 for the first time since April 2022, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds.
Read More Bitcoin climbs above $45,000 to 21-month peak as new year kicks offMarket bets for 2024 thrown into chaos by US recession conundrum
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrum