Goldman Sachs is betting “Mr Market” is wrong in its recession warnings. While sliding stocks, declining long-term bond rates and higher credit yields are sounding the alert, the New York-based bank’s economics team, led by Jan Hatziusis, is more confident about the outlook for the developed world.
Tue, 09 Feb, 2016
Citigroup is sounding the alarm bells for the world economy. In a new analysis, the New York-based bank’s chief economist, Willem Buiter, said there is a 55% chance of some form of global recession in the next couple of years, most likely one of moderate depth and length.
Thu, 10 Sep, 2015
DUBLIN’S ISEQ index of shares fell by nearly 4% to, just over 2,703 points yesterday – with each of the banks taking significant tumbles – but the country’s three main financial stocks are being tipped for further gains mainly on the back of the proposed new National Asset Management Agency (NAMA) putting a more healthy gloss on them.
Tue, 23 Jun, 2009