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Contrarian Analyst Turns To Bonds Ahead Of Fed Rate Cuts, Presidential Election: 'Maybe Tariffs Deflationary Not Inflationary'
Friday, July 19, 2024 - 4:09pm | 496Bank of America’s chief market strategist, Michael Hartnett, is increasingly bullish on bonds for the rest of the year, viewing Treasuries as a safeguard against equity volatility and the non-negligible risk of a harder landing for the U.S. economy. In his “The Flow Show” note...
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Jamie Dimon Says 'World's Just Not Ready For' Potential Stagflation: 'If Things Get Worse...'
Friday, May 31, 2024 - 5:50am | 525Ahead of the release of key inflation data, Jamie Dimon, CEO of JPMorgan, has reiterated his concerns about the U.S. economy potentially heading towards stagflation. What Happened: Speaking at AllianceBernstein's Strategic Decisions conference, Dimon expressed doubts about the effects of the past...
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'Dr Doom' Nouriel Roubini Suggests 'Good News On Growth May Be Bad News For The Market' Amid No Landing Fears
Tuesday, March 5, 2024 - 7:53am | 591In a recent interview with Bloomberg TV, economist Nouriel Roubini expressed concerns about the possibility of the U.S. economy not experiencing a soft landing, which could lead to a “no landing” scenario. This could result in continued reacceleration of growth, potentially causing...
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July Services PMI Round-Up: China Bounces, U.K. Shines As Germany Fades
Monday, August 5, 2013 - 11:15am | 843Over the weekend and early Monday, services PMIs for major economies around the world were released. China's services data relaxed fears of a hard landing for the economy while the British sector showed strong growth in July while Germany disappointed. The ISM Services Index in the U.S. also...
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Benzinga Market Primer: Friday, July 12
Friday, July 12, 2013 - 6:47am | 1071Futures Lower On Portugal Fears, Bank Earnings In Focus U.S. equity futures traded lower on renewed fears that Portugal could be the first nation to leave the eurozone after the recent political crisis has put in doubt the nation's attempts to meet its bailout goals. Meanwhile, key bank earnings...