Stock gains to survive a market correction if rate cuts are delayed, one economist says – CNBC
One economist said if the central bank cuts interest rates later than investors are currently pricing in, recent stock gains could be sustained through the end of the year and weather a mid-year market correction. Ludovic Soubran, chief economist at German financial services firm Allianz, said that although there are seasonal fluctuations, profits have declined […]
Cheap Chinese EVs pose a ‘security risk’ to Americans: ‘Keep them out,’ economist warns
Diana Furchtgott-Roth, an economist at the Heritage Foundation, discusses the electric vehicle market as more automakers withdraw from EV production. Despite the Biden administration’s push for green energy, some U.S. automakers are withdrawing from electric vehicle production. This vacuum leaves room for cheaper Chinese electric vehicles to enter the U.S. market, which could pose a […]
Georgia economist warns of recession as governor says his budget will spur growth
Georgia's state economist warns lawmakers that the recession could reduce state tax collections in coming months, while Gov. Brian Kemp again paints the budget as a means to spur more economic growth. ing. In a video from Davos, Switzerland, where they are attending the World Economic Forum, lawmakers and the Republican governor told a joint […]
The market is looking 'eerily similar' to the landscape headed into 2022, when stocks plunged 20%, top economist David Rosenberg says – Yahoo Finance
Top economist David Rosenberg said the stock market looks “eerily similar” to 2022. The S&P 500 hit an all-time high in early January 2022, but then plummeted, ending the year down 20%. Analysts at Rosenberg Research said U.S. stocks present the biggest sign of weakness right now. In the second half of 2021, stock prices […]