While some experts are beginning to sound the alarm over the threat of stagflation for the remainder of 2022, a combination of surging inflation and slowing growth poses an ever-growing risk to markets. 22V Research founder Dennis DeBusschere believes that investors should indeed expect stock market returns to be muted in the medium term. “So we’ll start with the upside. It seems pretty clear to us that the Fed needs to ratchet down demand growth,” DeBusschere told Yahoo Finance Live…. Source link
Read More »Investors warn Omicron, Fed are a risk in a ‘growing but slowing’ economy
Major indexes are poised to end the year boosted by the “Santa Claus Rally” effect, as the market shrugs off concerns associated with surging COVID-19 case numbers across the U.S. and the world. But according to NJ-based financial services firm Hennon & Walsh, the Omicron variant remains among the top uncertainties in the market heading into the new year, regardless of whether investors are currently interpreting it as such. “The two biggest uncertainties for investors right now clearly… Source link
Read More »New COVID variant adds uncertainty for a Fed in the process of slowing support
The emergence of a new COVID variant spooked markets on Friday, forcing some Fed watchers to question if the Federal Reserve will change course on its plans to slow its monetary support to the U.S. economy. “Policy normalization already looked like it was going to be gradual but the… growth worries we’re seeing come back into the market’s consciousness in the last 24 hours could mean that monetary policy needs to be a little bit more dovish than that,” HSBC Asset Management Chief… Source link
Read More »Federal Reserve to begin slowing its pace of asset purchases this month
The Federal Reserve on Wednesday said it would start slowing its pace of asset purchases, the first step in paring back its COVID-era easy money policies. “In light of the substantial further progress the economy has made toward the committee’s goals since last December, the Committee decided to begin reducing the monthly pace of its net asset purchases,” the policy-setting Federal Open Market Committee said in its updated policy statement Wednesday. Since the depths of the pandemic, the… Source link
Read More »Home price growth in the US shows sign of slowing down
Home price growth in the U.S. may finally be slowing down. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.8% annual gain in August, the same from July — remaining at an all-time high. The 20-City Composite posted a 19.7% annual gain, down from 20% a month earlier. The 20-City results were slightly down below analysts’ expectations of a 20% annual gain, according to Bloomberg consensus estimates. “In August 2021, the National… Source link
Read More »US STOCKS-Wall Street falls on worries over slowing economic recovery
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Drugmakers Amgen, Merck weigh on Dow after rating cuts * Boeing drops after Ryanair ends jet order talks * Tinder parent Match Group jumps on joining S&P 500 * Indexes down: Dow 0.72%, S&P 0.42%, Nasdaq 0.02% (Updates to open) By Shashank Nayar Sept 7 (Reuters) – The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes that the… Source link
Read More »China Jan-July property investment up 12.7% y/y, slowing from H1
BEIJING, Aug 16 (Reuters) – Real estate investment in China rose 12.7% in January-July from a year earlier, cooling from a 15% gain seen in the first six months, official data showed on Monday. Property sales by floor area grew 21.5%, according to data from the National Bureau of Statistics, down from an on-year growth of a 27.7% in the first six months. New construction starts measured by floor area declined 0.9%from a year earlier, versus 3.8% growth in the first six months of the year. Funds… Source link
Read More »The red hot housing market is slowing down the economy: Morning Brief
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, June 24, 2021 Supply can’t meet demand, housing edition We’ve periodically checked in on the housing market at The Morning Brief over the last year, and the story has, in general, been consistent. Home prices are rising amid a surge in demand, while low interest rates enable buyers to afford more house. But cracks in the housing market… Source link
Read More »AI software company C3.ai surges 140% in debut despite CEO forecasting slowing growth
TipRanks 3 “Strong Buy” Stocks That Could Reach New Highs The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last?Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the markets will outperform both other investments and analyst expectations over the next two years. He sees the S&P 500 hitting 4,600 by the end of 2022, which would represent a 25% gain.Backing… Source link
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