Opinion: Equity markets will fall another 40% as severe stagflationary debt crisis hits an over-indebted global economy

NEW YORK (Project Syndicate) —For a year I have argued that rising inflation is persistent, that its causes include not only bad policies but negative supply shocks, and that attempts by central banks to counter it would cause a hard landing economic. When the recession arrives, I warn, it will be severe and prolonged, with … Read more

This stock market strategist says the coming recession could be the biggest ever. “I recommend prayer.”

Keith McCullough, founder and CEO of Hedgeye Risk Management, doesn’t mince words about the financial markets, the Federal Reserve, or the economy. Right now he has some less-than-charitable things to say about how Fed rate hikes have eradicated equity and bond investors. His investment research firm’s business models turned bearish on stocks and bonds in … Read more

Here’s a great tech name to put on your shopping list and how to buy it even if the bear market is far from over

Amid hopes of a bear killing October, a mixed start is underway on Monday, with technology under pressure. This is how Tesla shares plummet in the premarket after quarterly sales not good enough. Meanwhile, investors seem modestly impressed by the UK government’s efforts to extinguish a recently started market fire as another crisis could prepare … Read more

These 20 stocks in the S&P 500 plummeted between 20% and 30% in September

Shares fell again on Friday, ending September with huge losses across the board as the rally from June lows to mid-August faded into memory. The S&P 500 SPX Friday fell by 1.5%. The benchmark index tumbled 9.3% in September, leading to a loss of 24.8% in 2022. The Dow Jones DJIA industry average on Friday … Read more

The bear market may not be over, but some corporate insiders are doing so

It’s premature to declare that the bear market is over, but it’s not too early to start building your stock buy list for when conditions are more favorable. This is the conclusion I draw from an analysis of recent privileged transactions by Nejat Seyhun, a professor of finance at the University of Michigan and one … Read more

Stocks and bonds are “discounting for disaster” after the worst time for investors in 20 years

Things could always get worse. The S&P 500 SPX Index, -1.51% Friday consolidated its worst monthly percentage drop since the March 2020 pandemic freezes, but also joined the Dow Jones Industrial Average DJIA, -1.71% and Nasdaq Composite Index COMP, -1.51% in booking the worst 9-month period since 2002, according to Dow Jones Market Data. “The … Read more

Dow drops 500 points on Friday as shares post third consecutive quarterly loss, setting new lows for 2022

U.S. equities fell sharply on Friday, with major indices hitting their lows since 2020 and posting a third consecutive quarterly decline as investors became more fearful that the Federal Reserve’s aggressive interest rate hikes will bring the bearish economy in an attempt to repress inflation. what is happening The Dow Jones Industrial Average DJIA, -1.71% … Read more

“Painfully slow capitalization”: why investors keep getting inflation wrong

A brutal third quarter in financial markets ended Friday and one thing is extremely clear: inflation is the most important factor driving asset valuations right now and yet few, if any, people are able to predict with accuracy where it is likely to go. The reason? According to BofA Securities global economist Ethan Harris, professional … Read more

Altria and Juul conclude the non-compete agreement – here’s what it means for e-cigarette sales and marketing

Altria Group Inc. said Friday that it has taken a step that untangles it from its non-compete agreement with vaping company Juul Labs Inc., freeing both companies to pursue their own strategies. In a regulatory warehouse, the tobacco giant MO, -1.92% stated that it had exercised an option to be released from the non-compete obligations … Read more