Economic growth/recession

Stock markets to fall another 40% as severe stagflationary debt crisis hits over-leveraged global economy

Stock markets to fall another 40% as severe stagflationary debt crisis hits over-leveraged global economy

NEW YORK (Project Syndicate)—For a year now I have argued that rising inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that the banks’ attempt power plants to fight it would result in an economic hard landing. When the recession does come, I warned, it will …

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Falling stocks and bonds jeopardize technology, the dollar and private equity

Falling stocks and bonds jeopardize technology, the dollar and private equity

Text size Japan had to step in to support the decline of the yen for the first time since 1998, even as it tries to keep interest rates low. Akio Ko/Bloomberg The world has been addicted to cheap money for years. Now we see what the withdrawal looks like. The lifting of interest rates from …

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Ray Dalio says stocks and bonds need to fall further, predicts US recession in 2023-24

Ray Dalio says stocks and bonds need to fall further, predicts US recession in 2023-24

As the world waited for the Federal Reserve to make its third “jumbo” interest rate hike, Bridgewater Associates founder Ray Dalio issued a warning to anyone still clinging to hopes that Beaten asset prices may soon rebound. According to Dalio’s estimate, the Fed must continue to raise interest rates substantially if it hopes to successfully …

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