When Markets Send Conflicting Signals, ‘Bond Markets Usually Have It Right’: Carlos Dominguez
Carlos Dominguez of Element Pointe Advisors said investors are seeing the end of a bull market cycle even as stocks and Treasury prices -- which typically share an inverse relationship -- trade higher.
Fed To Hold Line On Rates But Signal Readiness To Cut In June Meeting: IBT Poll
All economists polled by International Business Times expect the Federal Reserve to leave interest rates unchanged and signal an easing bias at its upcoming meeting.
Tech Sector Is Seeing A Bubble And It’s Ready To Burst: Carlos Dominguez
The tech sector is in for a negative surprise as Wall Street gives a cold reception to IPOs from some of the much-awaited big-brand names, Carlos Dominguez from Element Pointe Advisors told International Business Times.
Fed Will Leave Interest Rates Unchanged In 2019: IBT Poll
Better than expected economic data gives the Fed some leeway on recasting its monetary policy but economists expect the central bank to watch for domestic and global cues before making any changes.
Boeing Will Weather Storm, US Aircraft Output To Recover From 2020
Stephen Foreman at Oxford Economics expects the Boeing production cuts to cause an output contraction of just 0.4 percent in the U.S. aerospace products and parts industry in 2019.
S&P 500 Faces Headwinds But May Avoid Profit Recession: Oxford Economics
The S&P 500 may see a profit slowdown, its first in nearly 3 years, but a modestly encouraging economic outlook will cushion the blow, Lydia Boussour, senior U.S. economist at Oxford Economics, said.
UK Economy Took A 3% Hit From Brexit Uncertainty: S&P Global Ratings
Senior economist Boris Glass said the U.K. economy has foregone economic activity of £6.6 billion in each of the 10 quarters since the 2016 referendum.
Brexit Will Reshape Consumer Shopping Behavior In UK: ING
Post-Brexit changes in import arrangements will make some grocery items expensive at local stores and make some disappear from shelves, an ING analyst has said.
Behind The China Trade Deal Delay: Enforcement Concerns, Trump’s Pride
Analysts tell International Business Times that Trump wants to avoid the embarrassment of another failure in high-stake talks.
Emerging Markets Have Left Pain Behind, Positioned To Outperform: NEPC
Tim McCusker, the chief investment officer at NEPC, told International Business Times that China’s bets on AI make for attractive investment opportunities.
BMO Recommends Shift To Emerging Markets Equities Amid Euro Zone Weakness
Chief investment strategist Yung-Yu Ma, who is bullish on mid-caps, also sees better risk-reward tradeoffs in U.S. and Chinese equity markets.
Corn To Gain From US-China Trade Deal, Soybean Benefits To Lag
The U.S. and China are expected to strike a trade deal in April that will benefit agricultural commodities such as corn and sorghum, Terry Reilly told International Business Times.
Analysts See No Rate Hike In Fed’s March Meeting: IBT Poll
The Fed is expected to remain “patient” and hold the rates Wednesday but more than half of the 31 analysts polled, still expect the central bank to hike rates once this year.
US Credit Supply Remains Supportive Of Growth, No Recession Seen: Kathy Bostjancic
The fears over tightening credit supply are overblown, but it is also a reason for the Fed to pause its policy, the head of U.S. financial markets at Oxford Economics said.
US Dollar Poised To Gain But Will Weaken In H2 2019: IBT Poll
Slower U.S. growth expectations and the Federal Reserve’s more gradual approach towards interest rate hikes will weigh on the U.S. dollar in the second half of the year, analysts said in a poll conducted by International Business Times.
Infographic: Initial Jobless Claims Fall To 49-Year Low
The labor department said initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19 -- the lowest since mid-November in 1969.
Shutdown Will Hurt US GDP Growth If It Drags On, Warn Analysts
The direct and indirect economic effects will become meaningful if the shutdown continues, and the market’s benign assessment will have a downward risk, economists tell International Business Times.
US Will Clock 2.6% Growth In 2019, Global Economies Will Weaken Further: IHS Markit
The U.S. economy will be more resilient than other major global economies as it benefits from fiscal stimulus measures of the previous year, Nariman Behravesh, chief economist at IHS Markit, has said.
S&P 500 To See Big Volatility, Tough To Scale 2018 Highs
Analysts expect the stock markets to continue to be volatile this year and see 2,600 as a key resistance level for the S&P 500 index.
Fed To Turn Dovish On Rate Hikes In 2019: IBT Poll
Majority analysts polled by International Business Times expected a rate hike in the December meeting, but saw the Fed cutting back on the number of rate hikes next year.
US Housing Has Peaked, No Fears Of Crash
Cautious home buyers, rising interest rates, tax law changes and a mountain of student loan debt are holding back the housing market. But analysts told the International Business Times that there is no bubble building up, unlike in 2008.
Bitcoin Heading Toward Another Crash, May Stabilize In $2,000-3,000 Range
Bitcoin’s roller-coaster ride this year may not have ended with its dramatic crash in November and the cryptocurrency is likely heading for another round of punishment, analysts told International Business Times.
Gold Prices To Fall Further, Will Recover Only By Q2 2019
Gold’s bearish trend will continue into the first quarter of 2019 as a stronger dollar and trade tensions weigh, analyst Robert Zukowski of Continuum Economics said.
Midterms: Markets Are Ready For Blue Wave, Not Blue Tidal Wave
As Democrats are widely expected to take the House, analysts said history shows it is not a bad thing for the markets.
Market To Rise Post Midterm Elections But Uncertainties Weigh In 2019
Analysts told International Business Times that markets will reflect an expected slowdown in global growth next year.
Oil Prices Face Upward Pressure From Falling Iranian Exports: IBT Poll
Analysts revised upward their WTI and Brent crude forecasts for the fourth quarter of 2018, as concerns over Iran’s supply and lack of action by OPEC continue to lend support.
USMCA A Victory For Trump, Reduces Global Trade War Risk: Analysts
Analysts who spoke to International Business Times thought the deal gave the best possible outcome for Canada but offered little to the United States.
Italy Will Not Exit EU Despite Budget Deficit Worries, Say Analysts
Despite the political pressure to spend on election promises, which has fueled talks of an ‘Italexit,’ the heavy economic costs of such a move will deter Italy’s politicians from walking out of the EU.
US Federal Reserve To Lift Interest Rates Wednesday: IBT Poll
All economists polled by International Business Times expect the U.S. Federal Reserve to raise its benchmark Fed Funds Rate by 25 basis points to 2.0-2.25 percent.
Copper Prices To Rebound By End-2018 As Demand Seen Steady, Analysts Say
Copper prices are expected to bounce back as demand in China stays firm and the surplus supply in the market is cleared, analysts say.