News

The US economy will be stronger than many think in the 4th quarter because COVID-19 is less lethal than before, says Wall Street chief strategist

Economists concerned that skyrocketing COVID-19 case counts in the US will curb the economic recovery are ignoring the pandemic’s remarkably low lethality rate, James Paulsen, chief investment strategist at The Leuthold Group, said Friday. The US Economic Surprise Index, which tracks economic momentum, has been more closely correlated with virus […]
The US economy will be stronger than many think in the 4th quarter because COVID-19 is less lethal than before, says Wall Street chief strategist
Markets

The Economic Surprise Index Has Fallen To Zero

Citi’s Economic Surprise Index, a measure that tracks actual economic data relative to consensus estimates of market economists, has fallen to zero following a string of weaker-than-expected data releases driven by a slowdown in economic activity in December and January. The last time the index was this low was at […]
The Economic Surprise Index Has Fallen To Zero
Markets

Deutsche Bank’s Top Strategist Is Waiting Until July To Call A Bottom In Stocks

[credit provider=”http://www.bloomberg.com/video/77316704/” url=”Bloomberg”] Binky Chadha, the reputedly and repeatedly bullish Deutsche Bank chief global strategist, says we’re headed lower for three persisting reasons: bad economic data out of the United States, the ongoing euro crisis, and the slowdown in emerging markets.Although Binky is “constructive on the resolution of each of […]
Deutsche Bank’s Top Strategist Is Waiting Until July To Call A Bottom In Stocks
Markets

CHART OF THE DAY: Is 2012 Just 2011 All Over Again?

With expectations for economic growth catching up with data, Europe in focus once again, and geopolitical concerns boosting oil prices, some analysts have opined that the U.S. economy is headed for another growth slowdown like we saw last summer, or even a brand new recession. Others argue that this time is […]
CHART OF THE DAY: Is 2012 Just 2011 All Over Again?