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Day: December 16, 2018

Why Malaysia is riskier than its credit ratings suggest

Too high: But much like the base jumpers in Kuala Lumpur, agencies appear unconcerned by their A-grade credit ratings The Pakatan Harapan alliance, which claimed a stunning victory in the elections seven months ago, has produced a budget bill for 2019 in which finance minister Lim Guan Eng is committing to the development expenditure and …

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Federated Investors’ top fund manager thinks the market is wrongly pricing in a 2019 recession

Wall Street angst over a possible recession may be increasing, but one bull refuses to waver. Federated Investors’ Steve Chiavarone believes there’s nothing on the horizon that suggests the 2018 market corrections will become a massive downturn next year. Rather, he sees stocks hitting fresh record highs — citing labor market trends, inflation levels, the …

Federated Investors’ top fund manager thinks the market is wrongly pricing in a 2019 recessionRead More