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Shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Free Report) traded up 4.4% on Friday . The stock traded as high as $53.92 and last traded at $53.92. 391,685 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 2,840,092 shares. The stock had previously closed at […]
Economists and market analysts have been prophesying a recession since mid-2022, with their forecasts falling into what appears to be a constant echo chamber. What Happened: Neil Dutta, head of economics at Renaissance Macro Research, challenged the narrative, arguing that clinging to dire predictions in the face of contradictory evidence isn't just misguided — it's a glaring refusal to let go of a forecast analysts have “fallen in love” with. In a note issued to investors on Monday, Dutta said
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Economists and market analysts have been prophesying a recession since mid-2022, with their forecasts falling into what appears to be a constant echo chamber.