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Stock Market Bubble May Burst If Trump Wins 2024 Election, Says Top Economist: 'Policies Would Jeopardize...Victory Against Inflation'
Friday, July 12, 2024 - 8:52am | 564A top economist suggests that a robust AI stock rally fueling the stock market bubble could face an early burst if former President Donald Trump wins the 2024 election. What Happened: John Higgins, the chief markets economist at Capital Economics, expressed concerns about the potential impact of...
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Could A Second Trump Presidency Disrupt The Stock Market? Capital Economics Analyst Weighs In
Monday, February 26, 2024 - 12:50am | 802As speculation grows over the potential return of Donald Trump as president, investors are contemplating the possible consequences for the stock market. What Happened: A research note by Capital Economics suggests that a second Trump term could significantly impact inflation, interest rates, and...
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Stock Market Bubble To Inflate Until 2025, Capital Economics' John Higgins Anticipates S&P 500 To Hit 6,500-Mark
Wednesday, February 14, 2024 - 12:03am | 682John Higgins, the chief markets economist at Capital Economics, has forecasted that the current stock market bubble will continue to inflate until the end of 2025, with the S&P 500 index potentially reaching 6,500 points by then. What Happened: Despite the ongoing bubble debate, Higgins said...
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US GDP Plunges 32.9% In Historic Q2 Contraction Fueled By Coronavirus Pandemic
Thursday, July 30, 2020 - 10:10am | 433U.S. gross domestic product from April to June plunged 32.9%, the Commerce Department said Thursday. While the figure is better than the 34% drop economists expected, it's the worst economic contraction on record in the U.S. What The GDP Drop Means: The GDP is a calculation of...
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US Oil Imports Are Up In July: Why One Analyst Says Trend Unlikely To Continue
Thursday, July 9, 2020 - 1:27pm | 364An unexpected surge in crude oil imports in July has pushed up U.S. commercial crude stocks this week. The high import volumes are unlikely to be sustained, according to Capital Economics. 'Strong Rebound' In Net Imports Drives Stocks: The U.S. Energy Information Administration (EIA)...
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Gold Rally Stalls As Prices Settle Around $1,700, Analyst Expects Further Pullback
Friday, June 12, 2020 - 11:56am | 520A gold rally that followed the Federal Reserve's signal of no interest rate hikes through at least 2022 was dissipating Friday. The price of gold was around $1,735 at the time of publication. Gold's Safe Haven Rally: This year’s rally in gold has come on the...
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The Many Economic Effects Of The Coronavirus
Tuesday, June 9, 2020 - 3:31pm | 686The global spread of coronavirus in 2020 prompted a record plunge in the U.S. stock market, and the impact has been spread unevenly across sectors and geographies. Consumer-facing services such as leisure, retail, tourism and car production have been very hard-hit, according to Capital...
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Oil Analyst Expects Deeper Deficit In Q3, Says Demand Will Not Fully Recover Until 2022
Monday, June 8, 2020 - 11:59am | 668Oil futures were trading higher Monday after the Organization of Petroleum Exporting Countries and its allies met by videoconference call on Saturday and agreed to extend the 9.7-million-barrel-per-day production cuts through July. Capital Economics says the Saturday conference was...
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Gold Analyst Says Rally Is Short-Term, Prices Will Recede To $1,600 By Year's End
Wednesday, April 22, 2020 - 12:29pm | 552Gold has rallied over the past month, but it's a short-term rally, according to one analyst. If the global economy finds its feet over the second half of 2020, safe haven purchases of gold are likely to ease substantially, with the commodity's price falling back to $1,600 by the end of 2020...
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The Coronavirus Outbreak's Impact On Global Stocks, Commodities, ETFs
Monday, March 2, 2020 - 5:21pm | 1430Global markets have suffered their worst slump since the 2008 financial crisis as fear grows over the impact of the coronavirus outbreak. As the spread of the COVID-19 virus continues to evolve, many travelers have been reconsidering their plans and the best way to prepare and...
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Saudi Arabia Reportedly Considering Oil Production Cuts Due To Coronavirus Risk
Monday, February 3, 2020 - 1:35pm | 408Shares of several oil and gas companies were trading lower Monday after reports emerged that Saudi Arabia is pushing for a short-term oil production cut in response to the impact of China’s coronavirus, which is impacting crude demand, The Wall Street Journal reported...
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Germany Avoids Technical Recession, Eurozone GDP Projected To Rise 0.5% In 2020
Thursday, November 14, 2019 - 6:32pm | 686Germany has narrowly avoided a recession, with the latest figures released Thursday showing the country’s economy grew by 0.1% in the third quarter. Economists estimate that growth domestic product in the eurozone will grow by only 0.5% in 2020. In Spain, the latest quarterly GDP...
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Eurozone Slowdown: Weak October Data Shows Stagnation
Monday, October 28, 2019 - 3:40pm | 516Germany released weak economic data last week that showed a fall in employment that is mainly the result of job losses in the manufacturing sector. Brexit jitters also continued to weigh on markets as politicians continue to negotiate the U.K’s departure from the European Union. ...
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Analyst: Germany On Brink Of Recession
Tuesday, August 27, 2019 - 4:47pm | 580The German “export engine” is spluttering and a recession is looking increasingly likely, according to economists. Data released Tuesday showed that the German economy contracted by 0.1% in the second quarter. “The ongoing trade war has considerably...
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Italy's Prime Minister Giuseppe Conte Resigns: What's Next?
Thursday, August 22, 2019 - 12:09pm | 561The political chaos in Rome is ongoing, as its two-party coalition has come to an end. About 14 months ago the Lega Nord (Northern League) and the anti-establishment Five Star Movement (M5S) formed a coalition to govern with Giuseppe Conte leading as independent prime minister. Conte resigned...