This Is Where the World's Richest Men Are Putting Their Money

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

A 10,000% Dividend?!?

Top Economist El-Erian Urges Caution Over 'Short And Shallow' Recession Consensus Call: Plan For 'Range Of Possible Outcomes'

Bhavik Nair
November 28, 2022

Allianz chief economic adviser and noted economist Mohamed El-Erian believes it is important to keep an open mind on the probability of a recession in the U.S. as well as its characteristics if it materializes.

El-Erian cited his opinion piece in the Financial Times, where he expressed his worries over a repeat of the analytical and behavioral traps featured in last year’s ill-fated inflation call.

Also Read: Investing For Beginners

The economist pointed out that consensus forecasters are still predicting a “short and shallow” recession despite the chastening received after they projected that the inflation will be transitory.

El-Erian said analytical and behavioral factors indicate "we should be cautious about the 'short and shallow' consensus call."

Companies, governments, households and equity investors should plan for a range of possible outcomes, with no single one dominating as a baseline, he said, adding that such fluidity needs safeguarding against policy errors, corporate missteps and market accidents.

Federal Reserve Chair Jerome Powell is due to deliver a speech at an event on Wednesday hosted by the Brookings Institution in Washington, which is nominally focused on the labor market. However, he is expected to cement expectations that the central bank will slow its pace of interest-rates hikes next month, while asserting its fight against inflation will run into 2023.

Investors and traders are also eyeing the personal consumption expenditures and payrolls data scheduled to be released later this week. The SPDR S&P 500 ETF Trust (NYSE: SPY) closed 1.6% lower on Monday, while the Vanguard Total Bond Market Index Fund ETF (NASDAQ: BND) closed 0.12% lower.

Impact On Growth: El-Erian argued that what is true for the economy as a whole may not be the case for the whole population. He said the most vulnerable people and companies have already used up their savings, have more limited income opportunities and less access to low-cost credit. El-Erian noted that this detrimental impact on growth is not easily offset by the better-off part of the population.

Read Next: Tesla, Apple, Anavex, Axsome, Pinduoduo: Why These 5 Stocks Are Drawing Investors' Attention Today

Photo by World Economic Forum on Wikimedia

 

Continue Reading...

Popular

Google's Stock Skyrockets 6% Amidst Ground Breaking Gemini AI And Apple Collaboration Talks

Google's stock increased by 6% following the announcement of potential licensing discussions with Apple. Google's potential Apple deal has propelled the stock near its all-time high, facing resistance around the $150 mark.

Crypto Pioneer: Do Not Listen to These So-Called Experts - Ad

Bitcoin's haters are out again. Despite the price doubling in the last six months alone...that hasn't stopped the experts from piling on. If you want to make game-changing money on this crypto bull market...There are five coins you must take a look at right away.

Needham Analyst John Todaro \'Bullish\' On Hut 8 Stock

Needham analyst John Todaro has initiated coverage on Hut 8 Corp. with a Buy rating and a price target of $12.00 heading into the Bitcoin halving event. 

US Embassy In Russia Warns Of 'Imminent' Extremist Attack, Urges Citizens To Avoid Large Gatherings

The U.S. Embassy in Moscow has issued a warning of a potential extremist attack in the Russian capital, urging American citizens to avoid large gatherings, following a disclosure by Russia's Federal Security Service about thwarting a planned shooting at a synagogue by an Islamic State-affiliated group.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Coinbase CEO Gave CNBC Anchor $1 In Bitcoin In 2015 — Here's How Much It's Worth Now

Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) is one of the top-performing stocks of the last year, boosted by a rising price of Bitcoin (CRYPTO: BTC) and

Man Who Called $3 Trillion Apple Predicts the Next Trillion Dollar Stock - Ad

In 2007, he predicted Facebook would become a $100B company.... In 2010, he predicted Apple would reach a three-trillion-dollar valuation.... In 2013, he called Bitcoin -- before it rose 50,000% and ultimately reached a trillion-dollar market cap. And now... This A.I. Genius is stepping into the spotlight to predict the next-trillion stock.

Tesla Settles Racial Discrimination Lawsuit With Former Employee

EV giant Tesla Inc (NASDAQ: TSLA) settled a racial discrimination lawsuit with former employee Owen Diaz.

US to investigate Texas fatal crash that may have involved Ford partially automated driving system

DETROIT (AP) — The National Transportation Safety Board is investigating a fatal crash in San Antonio, Texas, involving a Ford electric vehicle that may have been using a partially automated driving system.

Elon Got This Right... - Ad

Today, a new technology is about to hit with a force even greater than a tidal wave... I'm talking about artificial intelligence, a technology Elon Musk calls: "The most disruptive force in history." It has already started, that's why Eric Fry is issuing an urgent A.I. Code Red today.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for April delivery rose $1.54 to $81.26 per barrel Thursday. Brent crude for May delivery rose $1.39 to $85.42 per barrel.

Without Titanium, U.S. National Security Is in Peril - Ad

The U.S. Geological Survey added titanium to its recent list of minerals vital to our economic and national security. Unfortunately, the U.S. produces nearly no titanium. Most production lies with our geopolitical foes, Russia and China. That's why more North American titanium is urgently needed.

Wriggling gold: Fishermen who catch baby eels for $2,000 a pound hope for many years of fishing

PORTLAND, Maine (AP) — They're wriggly, they're gross and they're worth more than $2,000 a pound. And soon, fishermen might be able to catch thousands of pounds of them for years to come.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Sam Bankman-Fried Considered 'Coming Out As A Republican' On Tucker Carlson's Show After FTX's Bankruptcy: Report

Sam Bankman-Fried, founder of FTX, contemplated a controversial strategy to rebuild his reputation after FTX's bankruptcy in 2022, including a potential appearance on Tucker Carlson's show to denounce the "woke agenda," as revealed in a list of "bad ideas" disclosed in prosecutors' sentencing submission.

2,000,000 "A.I. Crown Jewels" Set for Mass Production - Ad

A.I. investors...get ready: Because this little-known supplier just received a GIGANTIC order from Nvidia. It's one of the biggest production runs in technology history. And it's part of the reason why Barrons says this supplier could see $100 BILLION in sales by 2025.

StoneCo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

StoneCo Ltd. (NASDAQ: STNE) is expected to release its financial results for the fourth quarter, after the closing bell on March 18, 2024.

Radical Change Inside American Banks - Ad

We could see some seismic changes in the banking system, changing the way you access your social security income, pay your taxes and spend your paycheck. That's why it's so crucial you understand these changes, and how they'll inevitably impact you, as soon as possible.

'Isn't It Romantic': Donald Trump Mocks Georgia Court Ruling On Fani Willis And Special Prosecutor Nathan Wade

Former President Donald Trump criticized a recent court ruling in Georgia that removed a special prosecutor in his election fraud case due to his romantic relationship with Fulton County District Attorney Fani Willis, sarcastically commenting on their travels together, raising questions about the fairness of the case and the potential impact on its outcome.

UnitedHealth says it has made progress on recovering from a massive cyberattack

UnitedHealth is testing the last major system it must restore from last month’s , but it has no date yet for finishing the recovery.

The Last Crypto Bull Market Has Begun - Ad

This crypto bull market is on the verge of a full-on panic. And if history is any indicator, smaller cryptos that get swept up in the mania have a legitimate chance to turn a small grub stake. Now, I've found a set of smaller cryptos that I think are going to soar in this crypto Melt-Up.

Boeing tells airlines to check pilot seats after report that an accidental shift led plane to plunge

Boeing is telling airlines to inspect switches on pilots' seats in its 787 Dreamliner jets after a published report said an accidental cockpit seat movement likely caused of a LATAM Airlines plane flying to New Zealand.

Britain's governing Conservative Party hopes tax cuts can lift ailing election fortunes

LONDON (AP) — In the run-up to the U.K.'s general election that opinion polls show the governing Conservative Party losing, Treasury chief Jeremy Hunt will seek to regain the political initiative by announcing tax cuts Wednesday during his annual budget statement.

Regime Change At Federal Reserve? - Ad

The Fed just began the rollout of a new technology that'll "shake the US financial system". It'll likely go down in history as the biggest change to money since Western Union launched its "lightning lines" in the early days of the telegraph.

NVIDIA To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

MUST SEE By March 20: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on March 20.

A former Boeing manager who raised safety concerns is found dead. Coroner suspects he killed himself

A former manager who raised safety questions about the aircraft maker has been found dead outside a hotel in South Carolina, according to local authorities.

Bitcoin Bull Run Far From Over, Says Crypto Trader Alex Krüger: 'We're Very Far Off On The Wirehouse Side'

Crypto trader and noted economist Alex Krüger believes that the Bitcoin (CRYPTO: BTC) bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold.

"America's Top Trader" Issues Urgent Warning: A.I. Code Red - Ad

When "America's Top Trader" issues a brand new warning... the smart money pays close attention. Eric just issued what he says is the most urgent warning of his entire career: What's coming next isn't just a stock market thing.

Whopping $33.8 Million Worth Of Dogecoin Shifted To Robinhood — And People Suspect This Person Could Be Behind It

The cryptocurrency community is abuzz with speculation following a staggering 118.4 million Dogecoin (CRYPTO: DOGE) transfer to the investment platform Robinhood.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service