Ever since the pandemic struck last year, St. Louis Fed President James Bullard has been one of the most optimistic members of the U.S. central bank, predicting early and often that the economy could rebound strongly — well ahead of his colleagues. But that doesn’t mean Bullard projects an early …
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Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from …
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MARKETWATCH FRONT PAGE The March lows of the coronavirus crash could still be tested, writes Mark Hulbert. See full story. Ohio governor urges people to wear face masks: ‘This is not about politics’ “This is one time when we truly are all in this together. What we do directly impacts …
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President Donald Trump could suffer a historic defeat in the fall if the economy doesn’t sharply recover from the coronavirus pandemic and the disease lingers, according to a model that has predicted the winner of the popular vote in 16 of the past 18 elections. Oxford Economics predicts Trump would …
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