MARKETWATCH FRONT PAGE Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview. See full story. Is COVID testing free? Where can I get a rapid test? Your complete guide to coronavirus …
Read More »Key Words: It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns
Everett Collection “ ‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flourish. This highlights the importance of being well diversified in asset classes — including Treasury securities, which are …
Read More »Market Extra: The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns prominent economist Stephen Roach
Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon, not an event that looms off in the distance. “I do think it’s something that happens sooner rather …
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