Money Life With Chuck Jaffe Daily Podcast
Significance's Isherwood: 'This is more a time correction than a price correction'
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:58:33
- Mas informaciones
Informações:
Sinopsis
Ryan Isherwood, chief investment officer at Significance Capital, says that the stock market's momentum has not been broken even as it backed away from recent record highs, which means that stocks have been correcting since last October. That makes it more of a time correction — which can last longer — than a short, steep price drop. That said, Isherwood noted that there are strong signs that the market could resume its long-term upward trend and bullish bias once the geo-political pullback ends as there is more clarity in the headlines. Yelena Maleyev, senior economist at KPMG Economics, discusses the March 2026 Outlook Survey from the National Association for Business Economics, released today, which showed that the consensus forecast among economists has deteriorated sharply in the last few weeks, with two-thirds of the group expecting a reduction of GDP this year, and in many cases that economic activity slowdown will be big, but will stop short of recession conditions. Nearly 70% of the economists said