In a recent public webcast, Jeffrey Gundlach, CEO of DoubleLine Capital and billionaire investor, expressed concerns about a potential recession and a downturn in the S&P 500. What Happened: Gundlach…
Joseph Wang, frequently referred to as the “Fed Guy,” anticipates that stocks will outperform bonds in the coming years while dismissing the likelihood of a recession. What Happened: Joseph Wang, a…
What Happened: Noted economist Peter Schiff recently expressed his concerns about the economy in 2024. He predicts that the Federal Reserve‘s efforts to restore price stability will backfire, leading to…
Earlier this week, CNBC’s Jim Cramer said the strong labor report indicates the opposite of Wall Street’s worry about Fed action leading to recession. Now, Tesla Inc. CEO Elon Musk has called his prediction “alarming.” What…
Two of the most optimistic investment firms, BMO Capital Markets and Deutsche Bank DB, are forecasting a recession in the U.S. economy despite the consensus of continued growth and solid…