‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said. […]

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Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020

As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which […]

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Dow Reverses Weekly Losses But Vital Economic Indicator Stagnates

The Dow shot toward a moderate advance on Friday, erasing its weekly losses to strut in positive territory after the United States and China agreed to begin the next round of trade negotiations on Oct. 10. The Wall Street party continued following the release of a new batch of economic data, even as one vital […]

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3 Reasons the Stock Market Could Avoid Record Highs Next Week – CCN.com

Stock markets are on an 8-day gain streak near record highs but there may be hurdles ahead. | Source: AP Photo/Richard Drew, File The U.S. stock market has demonstrated strong momentum as of late with the Dow Jones nearing its record high with a 37-point rise to 27,219 points amidst growing trade deal optimism. The […]

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Stocks Recoil After White House Denies Trump Trade Bombshell – CCN.com

Stocks crashed from session highs after a White House official flatly denied that the Trump administration plans to offer an interim trade deal to China. | Source: AP Photo / Richard Drew Stocks crashed from their session highs on Thursday after a senior White House official flatly denied that the Trump administration plans to offer […]

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