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Year: 2018

Monster rallies are often synonymous with bear markets, investor Peter Boockvar warns

Investor Peter Boockvar believes the stock market’s wild swings are evidence of a bear market. Boockvar recently told CNBC that the recent monster rallies do not signal the bulls are back. He noted bull market moves are more methodical. “We are in a bear market, and a bear market is not just going to end …

Monster rallies are often synonymous with bear markets, investor Peter Boockvar warnsRead More

Goldman Sachs cuts forecast for first half of 2019, says weaker growth needed to ‘land the plane’

Volatile financial markets and softer economic data has led Goldman Sachs to trim its expectations for growth in 2019, the bank said on Saturday, but cautioned that a full-blown recession was not in the cards. In a research note, the banking giant shaved its growth forecast for the first half of next year, from 2.4 …

Goldman Sachs cuts forecast for first half of 2019, says weaker growth needed to ‘land the plane’Read More