DeFi Daily News
Sunday, May 25, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Videos

Recession worries are ‘overdone’: Strategist

DeFi Daily News by DeFi Daily News
August 6, 2024
in Videos
0 0
0
Recession worries are ‘overdone’: Strategist
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article



US stock markets (^DJI, ^IXIC, ^GSPC) are rebounding from widespread losses after recession fears triggered a sell-off on Monday. Scott Wren, Wells Fargo Investment Institute senior global market strategist for and Seema Shah, Principal Asset Management chief global strategist join Morning Brief to discuss their market outlooks.
Shah describes the market sell-off as “a valid reaction, in some sense” though she believes the recession fears were “very much overdone.” As markets recover, Shah suggests this indicates that “actually the economy concerns are not as bad as had been expected.”
However, she cautions that rapid moves in either direction can be “damaging” across markets.
Wren notes that fear “gripped the market” following Friday’s employment report, although he doesn’t foresee a recession. While he expects economic growth may slow, he predicts improvement “in the second half of next year.” Wren advises investors to “take advantage” of this market downturn to reposition portfolios.
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

source

Tags: BondsbusinessCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNYSEoverdonePersonal FinancePoliticsrecessionSavingsStock marketstocksStrategistworriesYahoo FinanceYahoo FInance Premium
ShareTweetShare
Previous Post

Are the AI, tech trades still the move after Mag 7 losses?

Next Post

Schulman, Co-Founder of OpenAI, Departs to Align with Competing Firm Anthropic

Next Post
Schulman, Co-Founder of OpenAI, Departs to Align with Competing Firm Anthropic

Schulman, Co-Founder of OpenAI, Departs to Align with Competing Firm Anthropic

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

April 29, 2025
Exploring the Top Option for Streaming On-Chain Data – Moralis Web3 | Enterprise-Grade Web3 APIs as an Alternative to QuickAlerts

Exploring the Top Option for Streaming On-Chain Data – Moralis Web3 | Enterprise-Grade Web3 APIs as an Alternative to QuickAlerts

July 12, 2024
Tech companies are interested in nuclear power, but some utilities are blocking their progress.

Tech companies are interested in nuclear power, but some utilities are blocking their progress.

August 10, 2024
China’s Plan to Destroy the Dollar (And It’s Kind of Working)

China’s Plan to Destroy the Dollar (And It’s Kind of Working)

April 14, 2025
Amazon Launches Project Kuiper Internet Satellites, Taking on SpaceX’s Starlink

Amazon Launches Project Kuiper Internet Satellites, Taking on SpaceX’s Starlink

April 28, 2025
Brendan Murphy Releases ‘Spacemen’ Bitcoin Art Series Through Ordinals on Coin Media

Brendan Murphy Releases ‘Spacemen’ Bitcoin Art Series Through Ordinals on Coin Media

July 18, 2024
rewrite this title I ditched my Kindle for this small phone-sized Android e-ink reader, and I’m not going back

rewrite this title I ditched my Kindle for this small phone-sized Android e-ink reader, and I’m not going back

May 25, 2025
rewrite this title Kidambi Srikanth turns back time, finds a way into Malaysia Masters final

rewrite this title Kidambi Srikanth turns back time, finds a way into Malaysia Masters final

May 25, 2025
rewrite this title and make it good for SEOIndia overtakes Japan to become 4th largest economy at USD 4 trillion: NITI Aayog CEO

rewrite this title and make it good for SEOIndia overtakes Japan to become 4th largest economy at USD 4 trillion: NITI Aayog CEO

May 25, 2025
rewrite this title Can Bitcoin Price Sustain Its Bullish Momentum? Analyst Identifies Local Top At 3K | Bitcoinist.com

rewrite this title Can Bitcoin Price Sustain Its Bullish Momentum? Analyst Identifies Local Top At $113K | Bitcoinist.com

May 25, 2025
rewrite this title Kenan Thompson Hints At Possible ‘SNL’ Cast Shakeup: “A Lot Of Change Next Year”

rewrite this title Kenan Thompson Hints At Possible ‘SNL’ Cast Shakeup: “A Lot Of Change Next Year”

May 24, 2025
rewrite this title with good SEO Dogecoin Price Expected To Reach  By EOY As 2021 Cycle Trend Returns

rewrite this title with good SEO Dogecoin Price Expected To Reach $3 By EOY As 2021 Cycle Trend Returns

May 24, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.