Risk

Fed official warns UK tax cuts increase risk of global recession

Fed official warns UK tax cuts increase risk of global recession

The British government’s new budget plan has heightened economic uncertainty and increased the chances of a global recession, a senior US central bank official warned after the pound rose to a record high. Speaking as the pound plummeted as traders digested Britain’s Chancellor Kwasi Kwarteng’s £45 billion tax cut package, Raphael Bostic, chairman of the …

Fed official warns UK tax cuts increase risk of global recession Read More »

Credit markets see less recession risk, earnings could challenge that

Credit markets see less recession risk, earnings could challenge that

U.S. high-yield corporate debt markets may undervalue recession risk even as Treasuries and macro indicators reflect growing fears over growth, but that could soon be tested with an expected deterioration in corporate earnings. The prices of leveraged loans and high-yield corporate bonds have fallen from the highs reached earlier this year as rates rise and …

Credit markets see less recession risk, earnings could challenge that Read More »

Where to Look for Contagion Risk Beyond Emerging Markets

Where to Look for Contagion Risk Beyond Emerging Markets

Text size A complex of food stalls in Manila, Philippines, Veejay Villafranca/Bloomberg The parade of central banks – from the Bank of England to the Central Bank of the Philippines – following in the Federal Reserve’s footsteps with interest rate hikes this week has put a strain on market investors who usually watch the risk …

Where to Look for Contagion Risk Beyond Emerging Markets Read More »

Billionaire Jeff Gundlach Discusses When to Buy Crypto — Warns of Deflation Risk Escalating

Billionaire Jeff Gundlach Discusses When To Buy Crypto – Warns Of Deflation Risk CryptoGlobe

Billionaire Jeffrey Gundlach aka the Bond King shared his views on when to buy cryptocurrency. “You need a real pivot from the Fed,” he stressed. Gundlach also warned of the growing risk of deflation, noting it’s time to be bearish in the stock market. Jeffrey Gundlach on Fed Rate Hikes, the US Economy, and When …

Billionaire Jeff Gundlach Discusses When To Buy Crypto – Warns Of Deflation Risk CryptoGlobe Read More »