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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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