Bank of America’s chief investment strategist has recently cited in a note that digital assets could outperform bonds and stocks amid a potential recession. The Bank of America was earlier...
Tag: Recession
Warning of Recession and hope that digital assets could perform better; again!
Investment strategist at Bank of America noted that the economy is going towards the inflation, and the Feds are trying their best to curb it On Wednesday, the Federal reserves said that it would more...
Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession
Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Fed...
Does Yield Curve Inversion Matter For Investors?
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the National Association of … [+] Business Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, Mar...
Bank of America Warns of ‘Recession Shock,’ But Will Crypto Outperform?
Bank of America strategists warned in a recent weekly research note that the U.S. economy could be heading into a recession, as the Federal Reserve tightens its monetary policy to help curb what it ca...
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds – Bitcoin News
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’...
Why Crypto Could Be Lifesaver In Recession Shock, BofA Warns
Per a Reuters report, Bank of America (BofA) Chief Investment Strategist Michael Harnett has warned the U.S. public about a potential economic recession and crypto as a possible safe haven. In a note ...
Bank of America: coming “recession shock” possible boon for crypto
The macroeconomic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, Bank of America strategist...
Bill Smead likes homebuilder stocks despite fears of recession
The SPDR S&P Homebuilders ETF is absolutely taking the brunt of the current macroeconomic environment, now down nearly 30% for the year. Still, Bill Smead has a positive outlook on the homebuilder...
Another Recession Indicator Just Flashed Red
An index tracking plane, train, and ground transportation stocks has dropped more than 20% from its recent high. Dreamstime.com Text size The Dow Jones Transportation Average slipped into bear market ...
Recession Warning Bells Are Ringing. These Banks Look Strong.
Text size Truist identified several banks that would likely be hurt less than their rivals in a mild recession. Dreamstime Concern that the economy could be about to shrink is growing, so bank analyst...
Major Bank Is First To Forecast A Recession—More Could Follow
Topline An increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing louder after the widely-observed yield curve inverted last week...
Investment Portfolio Strategy in a Recession
Economic cycles include periods of growth and decline, and while downturns don’t last nearly as long as expansions on average they can be especially costly for investors. Since 1937, the S&P...
Most Americans are worried about a recession hitting the U.S. in 2022
Rate hikes, soaring energy prices and geopolitical risks have combined to stoke fears of a possible recession. Credit Suisse however, thinks that is an unlikely scenario. Michael Nagle | Bloomberg | G...
EUR/USD forecast as recession and Marin Le Pen risks rise
The EUR/USD pair is trading at the lowest level since March 22 as worries of the Eurozone economy coincided with the resurgent Marine Le Pen. The pair is trading at 1.0967, which is the lowest it has ...
Market Crash On Horizon! These Altcoins May Be Best Option For Traders Amidst Global Recession
Cryptocurrencies are exceptionally volatile and investors fall and rise depending on market movement. If the crypto market experiences a severe blow, then investors might lose all their money. The pre...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
Goldman Poll Finds Insurers With $13 Trillion Expect a U.S. Recession
(Bloomberg) — Insurance executives who oversee more than $13 trillion in assets expect the U.S. to enter a recession in the near future, according to an annual survey conducted by Goldman Sachs ...
Fed’s Williams says could begin reducing balance sheet as soon as May meeting
The Federal Reserve may begin reducing its balance sheet as soon as its May 3-4 policy meeting to address the level of U.S. inflation that have become “particularly acute,” New York Fed chair John Wil...
Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.
For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...
Inverted Yield Curve Could Be Sending a Bogus Recession Warning
No topic has dominated the investment conversation lately as much as the yield curve. While it’s an arcane matter to most folks, we in the financial sphere have been thrown into a tizzy by this indica...
Stocks for the Recession That May—or May Not—Be Coming
Text size Exelon stock offers a little bit of offense to go with its defense. Dreamstime The yield curve briefly inverted this past week—and that’s a recession signal that is either like Paul Revere’s...
This Recession Indicator Is Flashing Warning Signs As Fed, War And Oil Threaten Economic Recovery
Topline The widely observed yield curve, which measures the difference in interest rates between short-term and long-term bonds, has inverted this week—signaling a looming recession—and though many ex...
Jim Cramer: this discount retailer is a good pick for recession
Shares of Dollar General Corp (NYSE: DG) are down about 5.0% for the year, but CNBC’s Jim Cramer still sees a good reason to own this stock. What’s there to like in Dollar General His rema...
US Bond Markets Signal Economic Downturn, Trend Forecaster Says if War Ensues ‘Odds of Recession Increase’ – Economics Bitcoin News
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a m...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...
Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs
Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is h...
The Yield Curve Just Became More Inverted, Hinting At A 2023 Recession
NEW YORK, NEW YORK – DECEMBER 19: Traders work on the floor of the New York Stock Exchange (NYSE) as … [+] the Federal Reserve Board Chairman Jerome Powell holds a news conference on Decem...
Bonds Hint Recession As 50 Basis Point Fed Hike Bets Accelerate
U.S. Treasury bond yields were active again Monday, with benchmark 10-year notes breaching a key technical level that could triggered renewed bets on a near-term recession in the world’s biggest...
These income strategies can help protect your stock investments from inflation and a recession
There is always uncertainty in the stock market, but the deflationary cycle that helped feed tremendous gains over the past several decades has ended. Two related strategies can give you downside prot...