A roundup of investment ideas for active investors
I don’t always have access to the research of Credit Suisse global strategist Andrew Garthwaite and, given the unequivocal bearishness of his latest report, maybe that’s a good thing. His most recent report is about as bearish as it gets for a prominent strategist., Mr. Garthwaite began by warning clients against buying economically sensitive stocks. He argued that valuations in these sectors imply excessive optimism – requiring a global manufacturing PMI level of 60 .
Mr. Garthwaite sees numerous red flags for the world’s largest economy. The U.S. yield curve is extremely inverted . The last time it was this inverted and a recession did not occur was 1964, a long time ago.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Toronto stocks join global selloff as Credit Suisse sparks concernsCanada\u0027s resources\u002Dheavy main stock index the TSX fell on Wednesday, dragged by energy and financial stocks. Find out more.
Lire la suite »
Toronto stocks join global selloff as Credit Suisse sparks concernsCanada\u0027s resources\u002Dheavy main stock index the TSX fell on Wednesday, dragged by energy and financial stocks. Find out more.
Lire la suite »
Toronto stocks join global selloff as Credit Suisse sparks concernsCanada\u0027s resources\u002Dheavy main stock index the TSX fell on Wednesday, dragged by energy and financial stocks. Find out more.
Lire la suite »
Swiss central bank offers Credit Suisse liquidity ‘if necessary’ amid stock plunge - National | Globalnews.caCredit Suisse 'meets the capital and liquidity requirements imposed on systemically important banks.,' the Swiss financial regulator FINMA and the Swiss National Bank said.
Lire la suite »
Swiss government holds talks on options to stabilize Credit Suisse - BNN BloombergSwiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, according to people familiar with the matter, after comments by its biggest shareholder on Wednesday helped trigger a plunge in the stock.
Lire la suite »
Wall Street closes down as Credit Suisse sparks fresh bank selloffCredit Suisse troubles piled more pressure on the global banking sector, in the wake of the weekend crisis kicked off by Silicon Valley Bank
Lire la suite »