Thursday 8 October 2015

Recession buzz is heating up on Wall Street

Wall Street is getting increasingly nervous about the prospects for recession, both on a global and domestic level. Slowing global growth has been one of the predominant investing themes in 2015, causing enough turmoil to send both the S&P 500 and the MSCI World Index down about 4 percent. The USD 73.5 trillion global economy is expected to grow 3.1 percent in 2015 and 3.6 percent in 2016, according to the latest International Monetary Fund projections. Those numbers, though, are heading lower and could be revised even more before all is said and done.



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2 comments:

  1. aarna singh22 June 2018 at 16:58

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  2. Indira Securities 10 December 2019 at 16:13

    Intraday traders sit in front of computer screens and look for a stock that is either moving up or down in value. They want to ride the momentum of the stock and get out of the stock before it changes course. They do not know for certain how the stock will move, they are hoping that it will move in one direction, either up or down in value.
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