Brace Yourself for a Brutal Stock Market Correction
The disconnect between the stock market and the economy will cause a correction. Investors are more cautious as the road to recovery is rocky.
IMF
Wealthy Investors Brace For 6 Weeks of Stock Market Turmoil
Investors are preparing for a steep downturn in the U.S. stock market. Hedge funds see too many risks to re-enter into equities.
Ghastly IMF Forecast Pushes The ‘Buffett Indicator’ Deeper into Danger Zone
The Buffett Indicator set bleak records right up to the pandemic this year. As the IMF slashes GDP forecasts, the indicator points to a harrowing stock market correction ahead.
Dow’s 800-Point Crash Spares No One as IMF Unleashes Grim Warning
The Dow and broader U.S. stock market are in freefall Wednesday, as investors react to a slew of negative headlines from politics to the economy.
Why IMF’s Doomsday Coronavirus Prediction Is Bullish for the Economy
IMF is predicting economic doom because of coronavirus. It could be right, but history says it’s probably way off the mark.
Don’t Be Fooled by the Stock Market’s Rally. Smart Money is Staying on the Sidelines
The stock market’s rally has been baseless from the start. Data show smart money is staying out of the rally–and that will limit upside.
Dow Recoils as IMF Warns Recession Could Eclipse 2008 Crash
The Dow Jones fell on Friday as the IMF warned that the economy faces a recession as bad as 2008-2009, if not worse.
Cryptocurrency Slays Cash and Cards as Lunch Money in IMF Twitter Poll
56% of people think we’ll be using cryptocurrency to pay for lunch in five years, according to a Twitter poll by the International Monetary Fund (IMF). While Twitter polls aren’t exactly scientific, they’re a fair gauge of public opinion, especially when conducted by a reputable institutional like the IMF. With 37,660 votes, there’s a clear … Read more
Trade Wars, Brexit & a Weak 2019 Forecast: What’s Prompting Asian and European Markets to Decline?
By CCN.com: Asian and European markets opened Tuesday on a weaker note as the International Monetary Fund (IMF) warned about sluggish global growth in 2019. Weak Chinese Market Forecasts The Asian session primarily saw a slowdown in the Chinese economy. At 0625 UTC, the Shanghai Composite index was trading at 2579.669 points, down 1.15% from … Read more
Bitcoin Nothing More Than a ‘Lottery Ticket’: Harvard Economist
Former IMF Chief Economist and current Harvard University Professor of Economics and Public Policy Kenneth Rogoff believe that bitcoin and other cryptocurrencies currently amount to little more than “lottery tickets” at this moment in time. Writing in the Guardian on Monday, Rogoff stated that while some believe that cryptocurrencies have had their day and are … Read more