The yield on the 10-year U.S. Treasury note has fallen below the yield on the 3-month T-bill, stoking fresh recession talk. Long-duration bond yields are plunging on growing haven demand as coronavirus infects over 73,000 people. Researchers at MIT have used a scientific model to predict the likelihood of recession. The results don’t look good.…
Ralph Acampora, the “godfather” of technical analysis, says the stock market will plunge 10% as the coronavirus spreads. That’s bad enough for most market technicians to consider it a full-blown correction. But it could be a catalyst for a total stock market crash. Stocks haven’t been this vulnerable to macro threats and systemic weaknesses since…
The Fed could trigger the next U.S. housing market crash. UBS predicts three rate cuts this year. Further rate cuts could encourage unnecessary risk-taking. The U.S. housing market apparently enjoyed a terrific time in 2019 as home prices rose due to tight supply. But investors shouldn’t ignore the anomalies that are casting a dark shadow…
