Tag Archives: hasnt

The bulls probably don’t want to hear this, but the bottom for this current bear market cycle may not be in place yet. “Frankly, the history of bear markets is such that when you think about it in the context of that October low that we had, no bear market has ever bottomed before the recession started,” Julian Emanuel, strategist at Evercore ISI, pointed out on Yahoo Finance Live (video above). “We don’t necessarily need to see the full breadth and depth of the recession — we need to see… Source link

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Google is continuing to explore a consumer-facing health record, more than a year after first launching a user feedback program, according to Chief Health Officer Karen… Source link

Jeremy Grantham is among Wall Street’s most respected investors. The cofounder of Boston asset manager GMO is well known for having predicted Japan’s asset price bubble in the 1980s, the dot-com bubble of the late ’90s, and even the U.S. housing blowup that came before the 2008 financial crisis. Now the 83-year-old Wall Street veteran is arguing that despite the stock market’s struggles this year, the economy’s real downturn has yet to come. Grantham has been warning of a brewing “ Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, August 10, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. In May, Elon Musk tweeted that a recession was coming, and that “some bankruptcies need to happen.” But this “rude awakening” the billionaire warned… Source link

Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy. Despite enduring the worst start to a year since 1970, the benchmark S&P 500 (^GSPC) is still trading 13% above a widely-cited recessionary target of 3,400, which would mark a ~29% decline from the record high reached on January 3, 2022. In the average recession since World War II, the S&P 500 has dropped 31%. “Investors and business managers alike tend to play the hand… Source link

If you’d told a golf fan in 2002 — back when Tiger Woods was collecting majors by the armload, and Phil Mickelson was the lovable major-less loser — that those two would still be the most popular players on the planet in 20 years, it probably wouldn’t have come as a total shock. (That 2002 fan would have reason to worry about the state of a game that hadn’t produced anyone to eclipse Tiger and Phil, but that’s a different story.) Woods and Mickelson possess a rare combination of… Source link

Tiger Woods is still weighing whether to attempt one of the most remarkable comebacks in sports history. Less than 14 months after a catastrophic February 2021 car wreck that nearly cost him his leg, Woods continues to consider whether to play the Masters this week. Woods spent time last week walking the steep hills of Augusta National and performed well enough to warrant keeping the door open. “I will be heading up to Augusta today to continue my preparation and practice. It will be a… Source link

As President Biden prepares to deliver his first State of the Union address Tuesday night, a new Yahoo News/YouGov poll shows that a combination of Republican rancor and Democratic disappointment has left his approval rating languishing near an all-time low after a tumultuous first year in office. The survey of 1,532 U.S. adults, which was conducted online from Feb. 24 to 27, found that just 41 percent of them now approve of how Biden is handling his job — a number that has hovered between… Source link

News releases  |  Research  |  Technology February 16, 2022 Image search results in Google still reflect gender bias. A search for an occupation, such as “CEO,” yielded results with a ratio of cis-male and cis-female presenting people that match the current statistics. But when UW researchers added another search term — for example, “CEO United States” — the image search returned fewer photos of cis-female presenting people.University of… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, December 23, 2021 The rally’s intact, but for how much longer is anyone’s guess The Santa Claus Rally hasn’t been derailed after all. The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic… Source link