Peter Berezin told you so — or he tried to, at least. The chief global strategist of BCA Research defied consensus wisdom by predicting late last year that US stocks would sink in 2025 as a full-blown trade war caused a global recession. A few months later, markets have been hit by one of the
The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level. The 200-day moving average is an important indicator of potential trend reversals in stocks. Traders believe an immediate bounceback is needed for stocks to avoid further declines. The stock market has entered the danger zone as the
PUBLISHED : 26 Jul 2024 at 05:01 Small Medium Large An aerial view of buildings in Bangkok. Mr Vichai pointed out that the sharp contraction in the property market in the first half of the year was due to several negative factors. The price index of vacant land in Greater Bangkok declined