Prominent market commentator Jim Cramer has cautioned investors to continue maintaining a distance from technology stocks despite the rally seen on Monday.
Christina Romer, an economics professor at the University of California, Berkeley, and chair of the White House's Council of Economic Advisers (CEA) from 2009 to 2010, reportedly said
St. Louis Federal Reserve President James Bullard has reportedly expressed optimism that 2023 could finally bring relief from inflation and that the risk of a U.S. recession has come down in recent weeks.
As the Federal Reserve hiked its policy rate by over four percentage points in 2022 to tackle rising inflation, the U.S. Treasury market registered a record annual loss.
‘The Big Short’ investor Michael Burry believes that even though inflation has peaked, it is not the last peak of this cycle as a recession would lead to further government stimulus, leading