Markets & Investments

Markets & Investments (184)

Global Wealth Falls for the First Time Since 2008 Crisis  

The world’s wealth total has shrunk on a year-over-year basis for the first time since the 2008 financial crisis, according to an annual report by UBS. So reports Fortune.


Advisors to Shift Toward ETFs and SMAs: Cerulli

Advisors are moving away from mutual funds and toward lower-cost or more personalized products, according to a new report by financial industry data provider Cerulli Associates. So reports Financial Advisor.


Morgan Stanley Calls Stock Prices 'Disconnected from Reality'  

Morgan Stanley strategists have warned that stocks are poised to retreat, writing, “Price is about as disconnected from reality as it’s been during this bear market.” So reports Bloomberg.


Goldman Sachs Slashes U.S. Recession Odds  

Goldman Sachs economists have concluded that labor-market robustness and signs of growing business confidence have reduced the chances that the U.S. economy will go into a recession in the next year. So reports Business Insider.


Ignore 'Bear Market Hall of Mirrors': Morgan Stanley’s Wilson  

Although the timing of a U.S. economic recession this year might be later than most analysts projected, if one happens at all, an earnings retreat is “imminent,” according to Morgan Stanley equity analyst Michael Wilson. So reports


'Big Short' Investor Michael Burry Predicts Recession, Inflation

Michael Burry, the investor made famous for his bets on the 2008 subprime mortgage collapse by the movie The Big Short, has issued a bleak forecast for the year ahead. So reports TheStreet.


JPMorgan’s Dimon Says Fed May Need to Hike to 6%  

JPMorgan Chase CEO Jamie Dimon said that the Federal Reserve may need to keep raising interest rates to 6%, versus the expected 5%, to keep inflation under control. So reports The Hill.


U.S. Profits Could Fall Like In 2008: Morgan Stanley’s Wilson  

Morgan Stanley strategist Michael Wilson has warned that in 2023 U.S. corporate profits could decline like they did during the 2008 financial crisis. So reports Bloomberg.


Goldman Eyes Crypto Buying Spree After FTX Collapse

Goldman Sachs intends to invest in or buy cryptocurrency companies to the tune of “tens of millions of dollars” as valuations have fallen since the implosion of crypto exchange FTX. So reports Reuters.


U.S. Headed for a Soft Landing: Goldman Sachs Top Economist

Goldman Sachs’ chief economist Jan Hatzius says the U.S. economy is on track for a soft landing. So reports MarketWatch.


Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.