YARDENI Raises Stagflation Risk, Cuts Meltup Forecast
YARDENI: “.. We can’t rule out a bear market if investors start to anticipate a Stagflating 1970s Redux scenario. .. We are lowering the ‘Meltup’ scenario from 20% to 5% and increasing the ‘Meltdown’ scenario (which now includes a 1970s-style stagflation) from 20% to 35%.” https://t.co/Bhv67yzZIx
Oil Prices Set to Drop, Fueling Roaring 2020s
YARDENI: “.. in our short-war scenario, oil prices should fall in the coming weeks after a ceasefire .. boosting US consumer spending and benefiting global economies .. The weekend’s Middle East developments make us even more confident in our Roaring...
Stock Plunge Erases 90% Market Value Amid Trump Crypto Flop
“.. a stock selloff that has wiped out almost 90% of the firm’s market value since the September high as the broader Trump digital-asset trade misfires.” @business https://t.co/abCpOHoz5E https://t.co/8xBLvDYzwC
Trump Quiet on $2,000 Tariff Rebate Checks
EVERCORE: “.. Trump has not emphasized the $2,000 ‘tariff rebate’ checks since earlier this year, suggesting that at least for now this has fallen off the agenda ..” 😔 https://t.co/EN0kaph84R
Goldman: Stock Suffers Third‑largest Century‑wide Daily Drop
“.. the stock’s 3rd largest single day drawdown this century (2nd was covid, 1st was dot com bubble.)” - Goldman desk
IEEPA Tariff Invalidated Threatens Existing Trade Deal Framework
JPMORGAN: “.. many trade deals negotiated to date have relied on IEEPA tariffs and have not yet been formalized as trade agreements. With the legal basis for these tariffs now invalidated, the fate of these deals is in question. These...
Last Year's Job Growth Fell Below a Single Biden Month
“.. we had less job growth all of last year than we had in an average month during the Biden administration.”