A grizzly bear swims at pandemic hard-hit Oakland Zoo in California this summer. Getty Images A recent spate of stock drops, exacerbated by signs of a second wave of the coronavirus pandemic, is unsettling to say the least. The market selloff of last spring was brief, but brutal. Our call …
Read More »In One Chart: The stock market is poised for a summer of gains, forecaster predicts
Stocks got off to a red-hot start to the week, with the Nasdaq cruising to record highs on Monday, and while the gloom-and-doom set have plenty of reason to believe it won’t last, Economic Cycle Research Institute co-founder Lakshman Achuthan doesn’t see it that way. At least that’s what his …
Read More »The Tell: Award-winning forecaster says U.S. economy might not heal by next year, putting stocks at risk of correction
The U.S. economy might not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the U.S. economy …
Read More »Forecaster of the Month: Nightmare scenario for economy is becoming less likely, award-winning forecaster says
Even in normal times, being an economic forecaster requires a multi-disciplinary approach. Not only do you need to understand the economic relationships, but you have to take all sorts of other variables into account: politics, finance, meteorology, psychology, supply-chain management and more. Add epidemiology to the list, as award-winning forecaster …
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