Dow Futures Rise but One Morgan Stanley Analyst Is Praying for Recession

2019-10-24 13:25

Dow Jones Industrial Average (DJIA) futures edged higher on Thursday, hinting at a cautiously optimistic stock market open. But not everyone is feeling the warm, fuzzy glow. Mike Wilson at Goldman Sachs said he’s “rooting for a recession” to bring some sensibility back to the market.

Speaking to CNBC, Wilson said yesterday: “I’m rooting for […]

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Dow Slithers Higher, But ‘Shallow Recession’ Lurks

The Dow crept higher on Monday, as the US stock market began its quest to record a third straight weekly gain amid rampant trade war optimism. However, the top economist at investment bank CLSA warns that the US economy is headed for an unavoidable “shallow recession” that could place the market in a precarious position […] The post Dow Slithers Higher, But ‘Shallow Recession’ Lurks appeared first on CCN.com

2019-9-10 16:36


Economist Expects Wild Fluctuations on the Dow Jones in 2019 as Crypto Looks to Make Its Mark

According to Mohamed El-Erian, the chief economic adviser at Allianz SE, says that the Dow Jones could experience wild fluctuations in the coming months. Although many other investors believe that we might experience a recession in the near future, El-Erian considers that these concerns are exaggerated. The US economy will continue to grow during 2019, […]

2019-1-1 23:54