Скачать или смотреть Dangerous Times: Global crisis and the US economy

Unlock Financial Insights: Gain Clear Market Perspectives.

Get your competitive edge with clear analysis and expert commentary on economic indicators.

SPECIAL OFFER: To celebrate the launch of QuickTakes, I am offering my followers a free month of paid membership: https://quicktak.es/Yt-0a

After more than 40 years of experience on Wall Street, I would like to share what I have learned about markets with investors like you. For early access to these webcasts, daily insights, focused news, clear charts, and much more from me and my team, become a paid member of https://yardeniquicktakes.com

———————————————————

The Middle East crisis seems to be escalating into a regional war with US involvement, existential stakes, and global effects. We’re suspending our year-end target for the S&P 500 after it fell to its 200-day moving average on Friday in response to the geopolitical risks. We expect it to breach that level this week even if the bond yield declines. Yet geopolitical crises do tend to present long-term buying opportunities in stocks. The escalation of hostilities we expect prompts us to raise our odds of a US recession before year-end 2024 again, now to 35% from 30%. … Also: We update the bond market’s supply/demand situation and discuss the consumer-spending-employment spiral.