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4 mins read
This legendary market forecaster has warned of a stock-market crash and a recession for years. Here are Gary Shilling's 14 best X posts since the pandemic.
Gary Shilling predicted stocks would keep crashing in March 2020, but he dismissed inflation fears …
Theron Mohamed
3 mins read
3 reasons why the Omicron variant will hurt the economy less than past waves, according to JPMorgan
Omicron brought new risks to the world economy, but its rapid spread and reduced severity mean it p…
Ben Winck
2 mins read
Zoom plunges as much as 17% as the lifting of coronavirus restrictions weighs on its revenue forecast
Zoom's chief financial officer said the lifting of COVID restrictions meant the company's small cus…
Harry Robertson
2 mins read
The worst of inflation is over, Congressional Budget Office says
The latest forecasts from the nonpartisan agency see inflation cooling through the rest of the year…
Ben Winck
3 mins read
Goldman Sachs slashes US growth forecasts as spiking coronavirus cases drive economic slowdown
Though GDP forecasts for the next two quarters were revised lower, Goldman expects vaccine distribu…
Ben Winck
2 mins read
The global economy will recover from COVID-19 faster than expected, but new stimulus is still needed, OECD says
The organization lifted its outlook for global growth to -4.5% from June's -6% estimate, noting the…
Ben Winck
2 mins read
Russia's invasion is already hobbling the global economic recovery from the pandemic, World Bank says
The World Bank slashed its forecast for global growth in 2022 to 3.2% on Monday, forecasting a rebo…
Ben Winck
3 mins read
US economy adds 379,000 payrolls in February, smashing forecasts as virus cases tumble
Friday's blowout jobs report showed the US added nearly double the payrolls expected by economists …
Ben Winck
2 mins read
Bank of America lifts its forecast for US economic growth on hopes for sweeping Biden-backed stimulus
The bank's economists expect stronger consumer spending to boost US GDP by 4% in the first quarter …
Ben Winck
2 mins read
Pfizer climbs after boosting its 2021 COVID-19 vaccine sales forecast by 73%
The company now expects vaccine revenues of around $26 billion, 73% higher than initially projected.
Isabelle Lee
1 min read
US Telehealth user statistics and forecast for 2022
The pandemic made telehealth the only way for most patients to consult with a healthcare provider f…
Insider Intelligence
2 mins read
US stocks dive as bond yields flash recession warning and investors brace for inflation reading
The spread between the yields on the 10-year and 2-year Treasury bonds inverted to their deepest po…
Jason Ma
4 mins read
US economy misses forecasts, adds 49,000 payrolls in January as daily virus cases peak
The Friday report marked a rebound from December, when the US labor market snapped a seven-month st…
Ben Winck
2 mins read
Global economy to shrink 'disastrous' 4.7% in 2020 amid post-pandemic scarring, Bloomberg economists forecast
Output won't fully rebound until the second quarter of 2021 as unemployment lingers and consumer co…
Ben Winck
3 mins read
The S&P 500 will rally another 11% by mid-2021 as a coronavirus vaccine is rolled out and corporate profits rebound, Goldman Sachs says
Investors should hold both long-term secular growth plays and value stocks best positioned for vacc…
Ben Winck
2 mins read
Goldman Sachs slashes Europe GDP forecast as fresh lockdowns point to double-dip recession
A longer lockdown would result in negative growth in the first-quarter, pushing the economy into a …
Shalini Nagarajan
2 mins read
Stocks are close to the bottom and can expect support from central bankers softening their tone, top JPMorgan strategist says
As economies slow, central banks are likely to dial down their tough talk on inflation. That should…
Harry Robertson
3 mins read
IMF projects India's public debt ratio to hit 90% of GDP because of COVID-19 expenditure
"Going forward it is projected to stabilise in 2021, before slowly declining up to the end of the p…
PTI
3 mins read
IMF pegs India's economic growth to dip by 10.3% this year — will recover from coronavirus crisis with right policies
The International Monetary Fund in its annual World Economic Outlook significantly downgrades India…
PTI
2 mins read
US and European stocks rise on COVID-19 recovery hopes and a boost in the IMF's global growth forecast
Economists at the International Monetary Fund lifted their global growth forecast for 2021 to 6% fr…