7 Indicators Show a Recession to Hit the Economy in Next Few Months
"We are probably not yet in recession, but I can see many signs warning me of the risk the clock is ticking toward one," Ned Davis Research said.
Source: businessinsider.com
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Top News In Nalyst Note Today - Breaking & Trending Today
Nvidia Is the 'Picks and Shovels Leader in the AI Gold Rush': BofA
Nvidia's H100 AI accelerator chip has surged in demand, so much so that they're currently selling on eBay for upwards of $45,000 each.
Source: businessinsider.com
Stock Market Outlook: 2 Bullish Signals Say Record Highs Coming in 2024
"This 2023 trend for the S&P 500 is like other 'wall of worry' bullish turns in 2020, 2019, 2016 and 2012," Bank of America said.
Source: businessinsider.com
Debt Ceiling Showdown: What a US Default Would Do to Economy, Stock Market
"We favor the outcome of a temporary debt ceiling suspension either for a brief period of time or until September," Ned Davis Research said.
Source: businessinsider.com
Bearish Investors Overly Confident on Their Stock Market View: Yardeni
"We doubt that QT will cause either an economic or an earnings recession, let alone both," Ed Yardeni said.
Source: businessinsider.com