A U.S. recession induced by central-lender efforts to control inflation is very likely to get there by mid-2023 and induce a sharp and “temporarily painful” decline in equities, in accordance to Deutsche Bank researchers. “We see major inventory marketplaces plunging 25{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from concentrations somewhat previously mentioned today’s when the U.S. […]

European markets muted but mark sixth week of gains Europe’s Stoxx 600 index closed flat on Friday, rounding off an upbeat week that saw it surpass a three-month high and secure a sixth week of gains. The main German and French bourses were flat, as the U.K.’s FTSE 100 gained 0.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Expectations […]

Stocks completed blended throughout an uneventful, shortened day of trading on Black Friday. When the closing bell rang on Friday, the S&P 500 was down .03{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, the Dow was up .45{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, and the Nasdaq fell .52{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The U.S. inventory market closed at 1:00 p.m. ET on Friday fiscal markets in […]