Top economists do U-turn on recession forecasts as most now see it as unlikely in next year
A 71% majority of economists surveyed put the odds of a recession in the next 12 months at 50% or less.
Source: yahoo.com
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'Big Short' Steve Eisman Says the Stock Market Will Continue Surging as No Recession Signs Are Flashing — Here Are 2 Stocks That Analysts Like
Boosted by inflation cooling down significantly, and ongoing strength in the jobs market, economic prognosticators have recently touted the probability of a soft landing for the economy instead of the previously dreaded prospect of a full-blown recession. Steve Eisman, famous for predicting the housing fiasco of 2008 as told in the Big Short, is amongst those taking that optimistic view. “So far, there’s no evidence of a recession,” Eisman said recently. “So as long as there’s no evidence of rec
Source: yahoo.com
The Dow is riding its longest winning streak since 2017. Here's why
The Dow on Wednesday rose for a 13th straight day, matching its longest winning streak since 1987.
Source: cnbc.com
The Dow just posted its best winning streak since the 1980s. Why it keeps going higher
The Dow on Wednesday rose for a 13th straight day, matching its longest winning streak since 1987.
Source: nbcnewyork.com
The Dow is riding its longest winning streak since 2017. Here's why
The Dow on Wednesday rose for a 13th straight day, matching its longest winning streak since 1987.
Source: nbcphiladelphia.com