Tag Archives: warns

Dust off your recession preparation handbook you used back in 2008-2009 as the setup exists for a severe recession not too far off in the future, warns one business cycle expert. “The job market is pretty tight, so therefore this could mean a mild recession. I don’t think that’s knowable just yet. One of the things that we are seeing from our research — because we do look at 22 economies around the world — is that there is a setup for a more severe recession. A more international… Source link

(Bloomberg) — Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn’t over just yet. Most Read from Bloomberg Story continues “My best guess is that we’re six months into a bear market,” Druckenmiller, who runs Duquesne Family Office, said Thursday at the 2022 Sohn Investment Conference. “For those tactically trading, it’s possible the first leg of that has ended. But I think it’s highly, highly probable that the bear market has a ways to… Source link

France’s data protection watchdog, the CNIL, has issued updated guidance on use of Google Analytics following a decision earlier this year that found a local website’s use of the tool to be in breach of European Union law. It has also confirmed that it has since issued formal notices to other organizations to bring their use of Google Analytics into compliance. The legal issue — which does not just affect use of the popular analytics tool in France but across the entire EU —… Source link

The economy is likely to blow hot and cold for the immediate future, Morgan Stanley’s copresident says, as the economy swings between fears of inflation and fears of contraction. Last week, Ted Pick, head of institutional securities at investment bank Morgan Stanley, joined bankers and investors from Jamie Dimon to Carl Icahn in warning that chances of a recession are steadily rising, marked by periods of a hot and cold economy. “There is a fire narrative, and that fire narrative is… Source link

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. Most Read from Bloomberg “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference Thursday. “The confluence of the number of shocks to the system to me is unprecedented.” Waldron’s comments echoed the… Source link

Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain With stocks pulling back substantially from earlier highs, some say that the market could reach a bottom soon. But according to legendary investor Jeremy Grantham, that’s not going to be the case. In a recent interview with CNBC, Grantham predicts that the market tumble is far from being done. “The other day, we were down 19.9% on the S&P… Source link

Leading U.S. crypto exchange Coinbase is “tremendously overvalued” at current levels, warned short-selling legend Jim Chanos, predicting a collapse in fee income that will send the stock plunging. He told the Crypto Critics Corner podcast that Coinbase still gorges itself on overly favorable retail trading commissions, and his short position is based on an end to the “feasting” it enjoys relative to mature brokers like Charles Schwab. “Coinbase was not a call on crypto prices,”… Source link

Google warns the Real-Time report in Google Analytics may be displaying inaccurate data for Universal Analytics properties. If your Google Analytics account is impacted by this issue, realtime data for your Universal Analytics properties will appear lower than it actually is. The only way to be sure your realtime data is accurate is to migrate to Google Analytics 4 (GA4), if you haven’t already. Google published the warning about inaccurate data at the top of a Help Center article, which… Source link

Goldman Sachs isn’t yet ready to join the chorus of its peers in calling a U.S. recession, but it sure appears to be inching closer to that frenzied camp. “We do put some weight on the historical patterns [of the labor market] and believe that the overheating of the labor market has raised the risk of recession meaningfully. The yield curve seems to discount a recession probability in 2023 of about one in three, roughly double the unconditional average, and we would broadly concur with this… Source link

HASTINGS, Neb. (KSNB) – Our Local4 Scam Alert of the Week focuses on businesses, and in particular the business profiles they have on Google. We’ve all seen how businesses can share their phone numbers, addresses and even menus for restaurants, but what a lot of the business owners might not know is how easy it is to be scammed out of that profile online. Better Business Bureau Public Relations Director Josh Planos says it’s a relatively easy process for scammers. ”If you own a company,… Source link