Recession Outlook: Fed 'Torture' Sparks Credit Crunch at Small Companies
"Credit conditions for small companies are at levels consistent with recession," Societe Generale's Albert Edwards wrote in a note on Thursday.
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"Credit conditions for small companies are at levels consistent with recession," Societe Generale's Albert Edwards wrote in a note on Thursday.
While mega-cap tech stocks are the cheapest since 2017, the upcoming earnings season is a catalyst for further growth, Goldman Sachs wrote.
The S&P500 came close to its 200-day moving average last night on another steep fall, then bounced, closing flat. (Available for non-subscribers after 10am)
With the strength exhibited by the equity market late last month quickly giving way to a return to selling, just about everything is down so far in September. What [...]
Over the last year, the conversation among investors and analysts has prominently centered on artificial intelligence.