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James Picerno

  • Analysis & Comment

James Picerno's Comment & Analysis
A complete archive of James Picerno's articles, including current analysis & comment - Page 48

How Long Will U.S. Economic Resilience Last?
By James Picerno - May 31, 2023
The warning signs continue to mount. Yet the US economy continues to defy expectations in some quarters that a recession is near. Granted, it’s arguably a precarious expansion that’s...
The agreement announced on Saturday by President Biden and House Speaker McCarthy that outlines a debt-ceiling deal may prove to be the easy part. The struggle to avert a US government default this...
The contrast could hardly be more striking. House Speaker Kevin McCarthy emerged from yesterday’s latest round of negotiations with the White House with an upbeat spin but no deal. Soon after,...
Rarely in the history of US economic analysis have recession forecasts been plentiful and widely embraced. All the more extraordinary is the ongoing resilience of the economy that defies the gloomy...
Federal Reserve Chairman Jerome Powell on Friday spoke the words that investors have longed to hear: the rate-hiking cycle is ending. Except that maybe it isn’t.Speaking at a conference last...
U.S. shares led rallies in equities markets around the world in the trading week through Friday, May 19, based on a set of ETFs. The rest of the major asset classes lost ground.Vanguard Total Stock...
U.S. Q2 GDP Forecasts Point to Pickup in Growth
By James Picerno - May 19, 2023
The risk of recession remains elevated, according to several indicators, but the soft-landing scenario isn’t dead. Support for the relatively upbeat outlook includes estimates for second-quarter...
Long Treasuries Top Bond Market Returns This Year
By James Picerno - May 18, 2023
Last year’s famine has turned to feast in the bond market in 2023 as the riskiest slice of fixed income tops year-to-date results through yesterday’s close (May 17), based on a set of...
Warnings that the US economy is close to the tipping point for recession have endured for months, but the expansion keeps surprising on the upside. More of the same is likely for the immediate future...
The dominance of the US stock market over its foreign counterparts has for years been taken as a sign of the new world order for global asset allocation that forever and always favors American shares....