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Here’s why one economist thinks markets are overreacting to slowdown fearsIt isn’t clear that investors are pricing in a recession, but it’s clear they now see a sizable risk for a substantial slowdown, notes Ben May, director of global macro research at Oxford Economics. Here’s why they may be overreacting. An overreaction to ridiculously over-priced stocks, brought on by ridiculously abundant credit and ridiculous economic policies put in place by the Orange Baboon? Right. Stocks up in the morning that's enough for sharktanks making money$'$$. In couple hours. Then turn to negative EOD. The strategist is overreacting.
Source: MarketWatch - 🏆 3. / 97 Read more »