BlackRock’s best minds seem worried. Investment strategists at the world’s largest asset manager have warned of a coming recession, stubborn inflation and a new era that won’t be so kind to investors in their Global outlook 2023 released this week. “The Great Moderation, the period of four decades of largely stable activity and inflation, is …
BlackRock’s best minds seem worried. Investment strategists at the world’s largest asset manager have warned of a coming recession, stubborn inflation and a new era that won’t be so kind to investors in their Global outlook 2023 released this week. “The Great Moderation, the period of four decades of largely stable activity and inflation, is …
BENGALURU, Dec 9 (Reuters) – The U.S. economy is heading for a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the Federal Reserve to US opts for a lower interest rate hike of 50 basis points in December. 14. The Fed still has at least half …
US heading for shallow recession, no respite yet from rate hikes: Reuters poll Read More »
Investors and economists have sounded the alarm bells over the recession. But a top economist who has seen warning signs build up for many months said this potential recession is different from what we are used to. This economist is Mohamed El-Erian, former managing director of the highly influential bond market player PIMCO. He also …
